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...
Crunch on liquidity costs
As bid-ask spreads begin to widen on both sides of the Atlantic, buy-side credit traders need to reassess how to best manage the crunch...
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...
Orderly sell-off despite Bund bid-ask spread blow out
Borrowing costs for the German government spiked after an announcement of increased expenditure for its military, triggering a sell-off in German government bonds (bunds)...
Can TCA work for voice/chat credit trades?
Transaction cost analysis (TCA) – or execution quality analytics (EQA) – is a much sought after, but often objectively challenged, service in corporate bond...
Measuring digital bond issuance
The use of distributed ledger technology (DLT) to issue bonds can tackle several concerns in the debt markets. Firstly, it reduces the fragmented information...
Squeezing the bid-ask spread
Bid-ask spreads in the corporate bond space have continued to collapse in 2025, suggesting that liquidity costs are dramatically improving for buy-side traders.
Looking at...
Fixed Income Automation Surge: 60% of Credit Traders Now Use Robots
The electronification of fixed income markets is accelerating, driven by increased adoption of automated trading systems, with 60 per cent of credit market participants...
Is Europe being punished for slower e-trading adoption?
The liquidity shortfall, expected at the end of the year, is traditionally triggered by dealers’ reluctance to make markets when their risk positions are...
Exclusive: Man Group’s proprietary OEMS highlights potential for systematic volume growth
Man Group is now live on an internally developed order and execution management system (OEMS), to trade across asset classes, currently covering corporate credit,...
