Greenwich: Buy-side traders rate counterparties by data, not friendship
Relationships are becoming less important when buy-side traders are deciding which counterparties to trade with, as data on previous trading activity takes on a...
MarketAxess Mid-X launches in US
MarketAxess has made Mid-X, its anonymous session-based matching protocol, live for US market participants after its initial launch in Q4 2020 with European participants.
The...
Oppenheimer & Co adds three MDs to IG sales team
Oppenheimer & Co has hired Perren Thomas, Dennis Megley and Mike Henneberry onto its investment grade (IG) desk. Each will serve as managing directors...
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...
Review: Mixed bond trading revenues in choppy first quarter
Banks have seen mixed results from bond trading in the first quarter of 2023, across credit and rates, while electronic trading platforms have seen...
Fed begins buying bond ETFs
The Federal Reserve Bank of New York has begun to buy fixed income exchange-traded funds (ETFs) via its Secondary Market Corporate Credit Facility (SMCCF)....
Exclusive: Analysing the battle for US e-Trading in February
The highly competitive corporate bond market saw average daily volumes converge in the US across electronic trading venues in February. The DESK has exclusively...
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...
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%;...
SEC report highlights dealer threat to buy-side allocations in primary markets
US market regulator, the Securities and Exchange Commission (SEC), has reported buy-side firms feel pressured not to publicly speak out about the challenges of...
