Bloomberg and DirectBooks collaborate on primary market workflows
Bloomberg and DirectBooks have announced a collaboration on automated primary bond market workflows is now live.
The collaboration brings together DirectBooks and TSOX, Bloomberg’s fixed...
Why high yield dealer relationships are (potentially) more valuable
It is no surprise that trading costs are higher in high yield (HY) markets, but data from MarketAxess TraX, which measure activity across bond...
CME: Credit futures surge
Credit futures surge as investors seek capital-efficient risk tools
Credit futures are gaining traction among institutional investors as a capital-efficient way to manage corporate credit...
Data shows electronic trading has delivered resilience to US markets
The latest data from MarketAxess’s TraX data tool, which follows activity across multiple marketplaces, and its CP+ pricing tool, show that US markets, particularly...
MTS: Clarity, not just transparency, on bond trading costs
How bond trading platforms are redefining cost efficiency in European fixed income
The cost of trading bonds has long been an opaque and contested arena....
Credit under pressure: What gives?
If interest rates go up, economic growth becomes strained and business conditions worsen, stress on the corporate bond and private credit markets will increase....
US and Middle East bond issuance separated by Iran war
The US markets saw a record day of issuance on 10 March, supported by the massive USD37 billion issued by Amazon, alongside a euro-denominated...
Roundtable debate: Can the market electronify block trades?
The efficiency of electronic trading has trade-offs for blocks based on information disclosure, leakage and trust.
Electronifying execution of larger bond orders is the ‘holy...
Iran war: Conflicted liquidity in credit
The attacks on Iran and its responses over the past week have injected a sharp dose of geopolitical risk into global markets, and the...
US credit volumes drop but trade sizes and costs stay flat
US corporate bond markets have seen volumes drop across investment grade and high yield trading in February 2025, however according to data from MarketAxess...
