High Court of Hong Kong: Evergrande insolvent
A winding up order has been made against China Evergrande Group, the troubled property firm, through the High Court of Hong Kong.
In her ruling...
Imogen Hepsworth joins Federated Hermes as trading desk expansion continues
Federated Hermes has announced the continued growth of its trading desk, with the appointment of Imogen Hepsworth - previously of MarketAxess - as a...
Beijing Stock Exchange launches corporate bond trading
The Beijing Stock Exchange opened its corporate bond market on 15 January 2024 following testing of cash bond trading and clearing on 13 January....
Connecting the primary and secondary credit workflows
With issuance at near record highs in the first week of the year, credit market traders are keen to make more effective use of...
Citadel Securities’ new hires are reinforcing US credit market expansion
Citadel Securities has seen a spate of hirings on its credit trading teams in January 2024, supporting its expansion into the corporate bond space...
November’s bumper month for fixed income e-trading
Electronic trading platforms have reported a bumper November for fixed income trading, with CME reporting interest rate average daily volume (ADV) up by 42%;...
Review of 2023 Trading: Trade sizes falling – in parts…
Looking back at this year’s trading activity, through analysis of MarketAxess Trax data and TRACE for US markets, we can see clear patterns emerging...
Get better at trading emerging markets credit
A recent article on the challenges for banks in making a profitable business trading emerging markets (EM) credit has highlighted the complexity of the...
Can you guess which market has seen the greatest fall in bid-ask spreads, year-to-date?
Two weeks ago, we asked what was crushing the US investment grade (IG) market’s bid-ask spread. However there has been an even greater reduction...
BIS: Cut your trading costs in half by cosying up to dealers
A new working paper, written by the Monetary and Economic Department of the Bank of International Settlements, has found that dealer relationships are crucial...
