Trading Intentions Survey: Data and protocol innovation are the battlegrounds for credit trading
The 2026 Trading Intentions Survey has found that data is the most hotly-contested field in supporting corporate bond trading today, while analysis of trading...
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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...
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...
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...
“There is still an edge in systematic trading”
Systematic trading is often associated with highly liquid instruments, but asset managers have outlined success stories in less liquid debt markets, at the Fixed...
European bid-ask credit spreads not assuaged by tariff roll back
Liquidity costs in European corporate bond trading remain elevated, after the tariff shock in early April saw bid-ask spreads widen significantly across markets, according...
