Tangible returns from bond trade automation
Adoption of automated trading continues apace across several bond markets and within different grades of instrument. Gareth Coltman, global head of automation at MarketAxess,...
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...
The credit trading processes you really should have automated by now…
Automation has historically been highly challenging in corporate bond markets for several reasons, but traders say some parts of the workflow ‘ought’ to be...
Why Europe’s electronic credit trading is accelerating
The level of electronic trading in European corporate bond markets has overtaken the US, according to analysis from firms including Propellant and Coalition Greenwich....
FILS USA: The three fierce battles for credit e-trading market share
Electronic trading in US fixed income is hotly contested between Bloomberg, MarketAxess, Tradeweb and Trumid all competing for market share of trading cash bonds...
MarketAxess rides all-to-all and volume growth to record revenues in Q1
Bond market operator MarketAxess has reported Q1 2021 revenues of US$195.5 million, up 16% on the previous year and a company record. While Q1...
November’s bumper month for fixed income e-trading
Electronic trading platforms have reported a bumper November for fixed income trading, with CME reporting interest rate average daily volume (ADV) up by 42%;...
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...
IRS electronification: 20 years in the making
With the 20th anniversary of Tradeweb’s interest rate swaps (IRS) marketplace around the corner, the firm’s head of US institutional Rates, Bhas Nalabothula, looks...
Tradeweb reports ADV in June up 35% year-on-year
Tradeweb has reported that its total trading volume for June 2021 reached US$23.1 trillion. Average daily volume (ADV) for the month was US$1.05 trillion,...
