“There is no liquidity”: Bond traders report market conditions never seen before
Buy-side bond traders are facing a considerable challenge in matching their investor’s demand for fixed income assets as equity markets plummet. Volumes are up,...
The syndication trader
A syndication specialist could improve operational efficiency and give asset managers greater control over primary market activity, writes Dan Barnes.
As primary markets evolve, a...
Moody’s: Speculative-grade credit default rate to rise in 2023
Moody’s Investor Services expects the global speculative-grade corporate default rate to rise in 2023 as slowing economic growth, higher input costs and rising interest...
Market reports: Algomi to be acquired
Market reports are that pre-trade data provider Algomi will be bought by interdealer broker BGC. Stu Taylor, formerly the CEO of Algomi, joined BGC...
Exclusive: MarketAxess trials new mid-point session protocol Mid-X
On Tuesday, MarketAxess ran the first session of a new mid-point matching tool, Mid-X, with over 50 participants. The new trading protocol is session-based...
Tradeweb and MarketAxess see credit volumes increase over 25% in December
Market operators MarketAxess and Tradeweb have released their December trading levels, with both seeing a monthly increase of 25% in credit trading average daily...
Big names out at BGC
Interdealer broker BGC Partners has made a wave of job cuts, as announced in April, which combined with recent departures has removed several heads...
Regulation & Market Structure: How the SEC and the Fed will change US bond...
Transparency and structure is coming to the US Treasury and credit markets.
The role of the Fed is changing and consequently the role of other...
China Bond Connect launches real-time DvP and block trading
By Pia Hecher.
Mutual market access scheme Bond Connect, the platform linking investors from Mainland China and overseas, implemented real-time delivery-versus-payment (RDvP) and introduced a...
BGC buys embonds, lay-offs confirmed
Interdealer broker BGC has confirmed its May 2018 acquisition of emerging markets bond trading platform embonds, while several sources close to the firm have...