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,...
Cowen boosts fixed income outsourced trading team with two hires
Cowen has expanded its fixed income outsourced trading team with two senior hires, Vincent Governara and Chris Taliercio. Both traders bring over 15 years’...
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,...
Internal crossing for US bond trading needs ‘principles-based’ approach
Buy-side firms have roundly supported Securities and Exchange Commission (SEC) proposals to allow internal crossing of fixed income trades in the US market, however...
Barclays now streaming prices into MarketAxess Live Markets
Barclays has committed to become a dedicated market maker and is actively contributing streaming prices for US investment grade corporate bonds to the MarketAxess...
Trumid collaborating with Jefferies in EM credit trading
Bond market operator, Trumid, is collaborating with Jefferies in emerging markets (EM) credit trading.
Jefferies will use Trumid’s Attributed Trading (AT) protocol and workflow solutions...
Deutsche Bank launches new FIC coverage model
Deutsche Bank has set up a new coverage model for its fixed income and currencies (FIC) sales team, intended to be more tailored to...
Does trading performance need to be quantified to justify outsourcing?
An asset manager may need to assess the value that an outsourced trading provider offers using a range of measures in fixed income markets.
Fixed...
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...
CME to launch rates futures based on Mexico’s F-TIIE
Derivative and rates market operator, CME Group, is to introduce interest rate futures based on the Central Bank of Mexico's Overnight TIIE funding rate...
