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%;...
Get better at trading emerging markets credit
A recent article on the challenges for banks in making a profitable business trading emerging markets (EM) credit has highlighted the complexity of the...
Muting Ren joins American Century Investments
Muting Ren has joined American Century Investments on its global Fixed Income Team. He will serve as senior portfolio manager and head of systematic...
SOLVE’s Ticker boosts muni market price transparency
SOLVE, provider of pre-trade quotes data across fixed income markets, has rolled out ‘Ticker’, its municipal market data offering as part of the SOLVE...
Ballooning margin costs hobble US treasury basis trade returns, research finds
Institutional investors betting on yield spread fluctuations between US treasuries are facing ballooning margin costs, new research from derivatives analytics firm OpenGamma reveals.
Rising margin...
UK to allow shorting of government debt and sovereign CDS
The UK Government has said it will remove requirements currently placed on investors when taking out short positions in sovereign debt or sovereign credit...
Cartel cases in SSA market continue as Rabobank fined €26.6m
The European Commission has fined Rabobank €26.6 million for participating in a cartel trading Euro-denominated bonds
The Commission alleges that between 2006 and 2016 Rabobank...
Lone Star State drives over $44bn in new US munis at November elections
Voters across the US greenlit more than US$44 billion in new muni bonds at November’s elections, with 55% of all mooted bond measures approved...
US Treasury Market Conference: The full account
Michelle Neal, head of the markets group, kicked off the 2023 US Treasury Market Conference last week, which saw the New York Fed host...
Exclusive: Cboe goes live with US Treasury trading
Cboe has gone live with cash Treasury trading, the first trade having been conducted in mid-October. It is operating a ‘Full Amount’ execution protocol...
