Insights & Analysis: Pricing freedom
The street is waiting anxiously for the announcement and impact of all the trade tariffs to be announced on 'Liberation Day’; the term the...
Bloomberg backs Moroccan FX and govie market buildouts
The central bank of Morocco, Bank Al-Maghrib, has adopted Bloomberg’s Foreign Exchange Electronic Trading (FXGO) and E-bond (EBND) platforms.
The interbank derivatives market for foreign...
Emerging markets see liquidity costs decline
The cost of liquidity in emerging markets appears to be falling for fixed income traders. Looking at MarketAxess’s CP+ consolidated price feed, and cross-referencing...
Insights and analysis: Morgan Stanley 2025 – ‘Timing Is Everything’ across asset classes
Morgan Stanley’s outlook for 2025 finds a “still-moderate macro environment” with the mood heading towards deregulation, which it notes is largely is constructive for...
E-trading platforms show mixed results in October’s market share battle
Electronic trading fixed income platforms saw a slight drop off in volume relative to October, but strong activity against the same period last year.
Bond...
Under pressure
Secondary markets trading has seen a net trend towards tighter bid-ask spreads for trading across all corporate bond segments in US, Europe and emerging...
Falling emerging market liquidity costs reversed with Fed concerns
Traders in hard currency fixed income emerging markets have seen a decline in the costs of liquidity this year, according to data from MarketAxess’s...
Emerging market bonds issuance and returns grow
This week we examine the very directional movements of emerging markets (EM) assets under management (AUM), due to investment flows and growing issuance. With...
What EM trade sizes tell us about market evolution
While issuance of emerging markets bonds beat the same period in 2023 by a third, secondary trading is far more choppy, with a stepped...
Alaa Bushehri promoted at BNPP AM
BNP Paribas Asset Management (BNPP AM) has appointed Alaa Bushehri as head of emerging markets debt. She reports to Olivier de Larouzière, chief investment...
