Clearer credit markets mean (slightly) sharper axes
Dealers may be ‘kept honest’ by increased market transparency, according to some buy-side credit traders, but expectations are tempered by the fluidity needed around...
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...
Risk-off showing in corporate bond trading costs
The rigid grip on safer assets that investors have taken over the past two weeks has clearly shown in trading costs as bid-ask spreads...
AI is giving credit traders extra digits
Artificial intelligence is helping to refine bond‑trading workflows with a speed and depth that would have seemed improbable even a few years ago. Fixed‑income...
J.P. Morgan Execute powers the future of e-trading
Close teamwork is seamlessly delivering sophisticated services to the users of J.P. Morgan’s Execute platform.
J.P. Morgan’s Execute platform has 4,000 users globally, and facilitates...
Cross-asset TCA is viable in credit markets
Can transaction cost analysis (TCA) provide an apples-for-apples comparison of buy-side trading costs across different asset classes? Imposing a single measurement framework across markets...
Bid-ask spread volatility highest in US bond markets
When comparing liquidity across markets in 2025, buy-side bond traders may consider European investment grade markets to have an optimal set of characteristics. However,...
US credit activity dropped off a cliff in late November
Analysis of US corporate bond market activity has found that trading volumes and counts plummeted going into the final month of the year. A...
Credit trades’ double-figure yearly growth proves liquidity dividend
The gradual growth in trade sizes for European corporate bond trades is made clear in the latest MarketAxess TraX data comparison for data from...
Bid-ask spreads expanding in European credit
European credit traders have seen bid-ask spreads expand over the past two weeks, however this follows a notable tightening since summer, according to data...
