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Tradeweb sees volume drop in June

Bond market operator, Tradeweb, has reported its average daily volume (ADV) in June was US$780.9 billion (bn), a decrease of 8.9% year-on-year (YoY), largely...

OpenDoor launches all-to-all dark pool for on-the-run US Treasuries

OpenDoor Securities has launched an all-to-all marketplace for on-the-run (OTR) US Treasuries. The anonymous order book will US Treasury venue to offer non-discriminatory pricing in benchmarks...

MarketAxess Q1 revenue up 36%; reports on US spreads

Bond market operator MarketAxess has seen revenues for the first quarter of 2020 increase 36% to US$169 million, up on the US$124.5 million it...

EM in ‘limbo’ provides trading and pricing challenges

Emerging market bond funds have seen outflows continue to slow significantly, with Morgan Stanley’s analysts estimating it at US$1.8 billion, equating to about 0.42%...

Liquidnet reports 57% jump in bond liquidity during volatile markets

Liquidnet has reported that the recent volatility led to an increase in bond trading volumes on the all-to-all block trading platform. “In the last six...

Bond platforms report record trading volumes for March

The March 2020 numbers are in for bond trading platforms MarketAxess and Tradeweb and both have seen record results, in a period that has...

“There is no liquidity”: Bond traders report market conditions never seen before

Buy-side bond traders are facing a considerable challenge in matching their investor’s demand for fixed income assets as equity markets plummet. Volumes are up,...

OpenDoor reveals greatest challenge and a turbo-charged match rate

OpenDoor has revealed a significantly high match rate for asset managers on the all-to-all continuous order book it launched in January 2020, to replace...

Record volumes reported across platforms

By Vineet Naik. Record trading volumes have been reported across platforms in 2019 despite decreased volatility and challenging market conditions. LiquidityEdge, TradeWeb, and MarketAxess have...