BondBloxx outsources trading to Northern Trust
Northern Trust providing outsourced trading services to BondBloxx, an issuer of fixed income exchange traded funds (ETFs) which recently surpassed US$1 billion in assets...
Investment Grade trading: A tale of two markets
By John Gallagher, MarketAxess
Last year, the markets were a one-way trade. Aggressive rate increases leading to horrible returns. Sell everything! And ask questions later......
The liquidity gap between 144A and Reg S bonds
144A and Regulation S (Reg S) securities have distinct regulatory backgrounds and key differences. Liquidity measures such as Bid-Ask spread and post-issuance volumes in...
The Agency Broker Hub: The challenge of retail-size electronic fixed income trading
By Lisa Tellia, E-Commerce Distribution – Market Hub, Global Markets Sales & Platforms at Intesa Sanpaolo
Fixed Income execution has traditionally been very complex and...
Industry viewpoint: New strategies for corporate bond index futures in 2023
David Litchfield, director for derivatives sales at Cboe Global Markets, explains how Cboe corporate bond index futures are supporting traders in a highly changeable environment.
The...
Beyond Liquidity: Optimism grows for European consolidated tape
Investors have been calling for a consolidated tape in Europe, which gives them aggregated data on trading volumes and prices throughout the region in...
Viewpoint: MarketAxess to increase automation with Adaptive Auto-X
MarketAxess is aiming to initially launch Adaptive Auto-X in the first half of this year to provide clients with algorithmic workflows and allow them...
Beyond Liquidity: Bringing the Grey Market to the 21st Century
The grey market exists for one purpose – for bonds to trade in the hours between the announcement of a new issue, and its...
Research: ETFs worsen fixed income liquidity in a crisis
An academic paper has argued that fixed income exchange traded funds (ETFs) “improve bond liquidity in general, but worsen it in periods of large...
Beyond Liquidity: The Promised Land
Primary bond market technology has delivered a steady stream of notable enhancements in recent years, with a small number of platforms and niche service...
