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...
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...
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...
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)...
Milei’s victory saw Argentinian debt traders reach for rapid risk transfer
In late October 2025, Argentine President Javier Milei’s party, La Libertad Avanza, scored a decisive win, in the country’s midterm elections, a political triumph...
“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...
Bond traders predict data science/AI use explosion in 2026
The DESK’s Corporate Bond Liquidity Access Survey, supported by LTX, finds trading desks are on the cusp of change.
Buy-side traders see 2026 as a turning...
Member
Details on MiFIR deferral regime still needed
A draft report published by Danuta Hübner, rapporteur for the Committee on Economic and Monetary Affairs at the European Parliament, has detailed changes to...
Bloomberg introduces new fixed income pre-trade TCA model
Bloomberg has launched a new pre-trade transaction cost analysis (TCA) model that helps market participants to assess trade cost, daily executable volume, and probability...
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...
