Buy side issues framework to standardise bond issuance
The Credit Roundtable, a buy-side lobby group for bondholder protection has issued an ‘Investment Grade Primary Best Practices Framework’ designed to improve bond issuance.
The...
CFTC & SEC: JP Morgan manipulated Treasuries market during flash crash period
US market regulators the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have fined JP Morgan over US$920 million in penalties...
Citadel Securities making markets in Treasuries on Tradeweb
By Dan Barnes.
Citadel Securities has become a liquidity provider on the Tradeweb institutional US Treasury marketplace, for dealer-to-client trading. Citadel Securities’ expansion into Tradeweb’s...
Bond funds hit by massive fee discounts; active revenues predicted to fall
Bond funds are dropping their investment management fees by up to 37% - in the case of passive funds – from those of the...
Feedback on Tradeweb ICE Constant Maturity Treasury Rates requested by 18 September
Fixed income market operator Tradeweb has published a paper along with Intercontinental Exchange (ICE) Benchmark Administration (IBA) introducing the daily Tradeweb ICE Constant Maturity...
The effect of war on pricing and spreads is widening
The economic effect of the Russian invasion of Ukraine needs to be put in context next to the human tragedy, but data is showing...
Electronic trading volume in US fixed income hits record
Electronic trading of US investment-grade and high-yield bonds reached an all-time high in July according to data from Coalition Greenwich.
Overall electronic trading accounted for...
BlackRock veteran Mitchelson to join Bloomberg
Multiple sources have confirmed that Rob Mitchelson, formerly Europe, Middle East, Africa (EMEA) head of fixed income and FX trading at BlackRock, is to...
ICE freezes bond indices until 30th April
The Intercontinental Exchange’s (ICE’s) ICE Data Indices (IDI) has postponed the rebalancing of all the ICE and ICE BofA indices for bond, preferred and...
The trouble with Treasuries
The DESK asks Susan Estes, CEO, OpenDoor Trading LLC., for her insights into the US Treasuries market.
How would you describe the depth and width...