Market disruption spreads beyond Ukraine and Russia
Traders are reported that liquidity across developed and emerging markets is being hit, with trades taking far longer to complete and price formation suffering...
Greenwich: RFQ cuts convertible bond spreads in half
New research by analyst firm Greenwich Associates has found that the request for quote (RFQ) protocol is cutting the spreads made by the most...
SEC forms Fixed Income Market Structure Advisory Committee
By Flora McFarlane.
The Securities and Exchange Commission (SEC) has announced the formation and first members of its Fixed Income Market Structure Advisory Committee.
The committee,...
Finanstilsynet: Portfolio manager “abused his position” by flipping bonds and self-trading
The senior portfolio manager for Norwegian investment firm Kraft Finans, Øivind Thorstensen, was piggy-backing on client investment in new bond issues, in order to...
Tradeweb implements block trading in Chinese bonds on Bond Connect
By Pia Hecher.
Bond trading operator platform Tradeweb Markets has launched block trading functionality in Chinese yuan (CNY) bonds on Bond Connect, the mutual market...
PBoC & HKMA: No investment quota for northbound Bond Connect trade
The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have given their approval to the local market infrastructure providers to...
S&P Global Ratings: European credit spreads still wide
In its latest ‘Europe Credit Markets Update’, S&P Global Ratings has painted a grim picture for European borrowers, notably in the high yield space,...
Connectivity platforms report FI deals ahead of MiFID II
By Sobia Hamid.
The growth of electronic trading in fixed income is driving connectivity between trading platforms. In 2016, Greenwich Associates estimated electronic trading of...
GreySpark: Single-tier fixed income markets on rise
Consultancy GreySpark has found a clear shift in the fixed income market towards single-tier electronic venues, as a result of regulatory changes and greater...
Review: Mixed bond trading revenues in choppy first quarter
Banks have seen mixed results from bond trading in the first quarter of 2023, across credit and rates, while electronic trading platforms have seen...
