MarketAxess hit 21.5% of investment grade TRACE volume in Q2
Fixed-income market and infrastructure operator, MarketAxess, has seen revenues for the second quarter of 2020 increase 47% year-on-year (YoY) to US$184.8 million, up from...
In uncertain times, corporate bond traders seek certainty of execution
Portfolio trading has emerged as a go-to mechanism to buy or sell many bonds at once.
Traders want the best price - but they also...
CMA: ION takeover of Broadway looks likely
The UK’s Competition and Market’s Authority (CMA) has reported there are “reasonable grounds for believing that the undertakings offered by ION, or a...
Reports indicate UBS Bond Port is on a tear
Several buy-side traders have reported they are seeing significantly increased volumes and buy-side activity on the UBS Bond Port platform in the second quarter...
Citadel confirms Chang to join in September
Citadel has confirmed that Isaac Chang, the head of trading at AQR Capital Management since 2016, will join the Citadel hedge fund in September...
Morgan Stanley: Fed buying programme has benefits beyond direct purchases
Analysis of the Federal Reserve’s Secondary Market Corporate Credit Facility (SMCCF) by Morgan Stanley analysts has found that its purchases of exchange traded funds...
Rutter launches ambitious new bond ‘ecosystem’, LedgerEdge
David Rutter, founder of US Treasury platform LiquidityEdge and CEO of distributed ledger group R3, has built a team of financial market and technology...
Lipper: Bond funds come roaring back (with Fed’s help)
Refinitiv Lipper has seen a bounce back for bond funds in Q2 2020 after they suffered losses of -4.3% and outflows of US$208.9 billion...
Tradeweb sees volume drop in June
Bond market operator, Tradeweb, has reported its average daily volume (ADV) in June was US$780.9 billion (bn), a decrease of 8.9% year-on-year (YoY), largely...
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,...
