ICMA 2026: Top five concerns with European transparency regime
A panel of experts has outlined ongoing issues with transparency in Europe at the ICMA annual AGM in London, speaking under the Chatham House...
Propellant Digital: European credit became transparent overnight
What traders need to ask now?
By Vincent Grandjean, Founder & CEO, Propellant Digital.
The new FCA transparency regime went live on 1st December 2025 with an immediate...
How portfolio trading can prompt a rethink for credit TCA
Portfolio trading (PT) has grown significantly in corporate bond markets, and it creates some meaningful complications for transaction cost analysis and market data.
Portfolio trades...
The need to negotiate a consensus price
Request-for-quote (RFQ) remains the primary go-to protocol across electronic trading venues in corporate bond markets for buy-side traders.
Despite speculation that the electronification of...
Is Europe’s consolidated tape already shaping trade sizes?
Trade sizes in Europe’s corporate bond markets are aligning across investment grade (IG) and high yield (HY) sectors, while the US markets are still...
FCA estimates revenue from UK consolidated tape to be £4 million over five years
Attendees at the Fixed Income Leaders Summit in Amsterdam were told to get ready for the arrival of the consolidated tape in Europe, with...
CTP authorisation duration remains unknown
While the CTP selection process is keeping to ESMA’s intended timeline, there is still uncertainty around when the tape will be implemented.
Once a provider...
Location will determine bid-ask spreads for European bond traders
Where European bond traders and their counterparties are sat could affect the size of bid-ask spreads they are shown, thanks to a split in...
Meet the consolidated tape contenders
Europe’s development of a consolidated tape for trading data now has clear front runners and benefits.
Three firms have confirmed they will compete to be...
Meet the consolidated tape contenders
Europe’s development of a consolidated tape for trading data now has clear front runners, and benefits.
Three firms have confirmed they will compete to be...
