RBC hires Sayers from Citi to lead HY sales
Joe Sayers has joined RBC Capital Markets from Citi as head of high yield and loan sales, based in London and reporting to Janet...
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%;...
Dealers face crunch on platform trading costs
As bid-ask spreads tighten and fees rise, dealers question making markets in credit.
It does not take a quant to understand that tighter bid-ask spreads...
Tradeweb part of LSEG / Refinitiv deal
After a flurry of rumours the London Stock Exchange Group (LSEG) has confirmed that it is in talks to acquire Refinitiv, a leading global...
UBS AM: Central bank mandates could change as deficit spend grows
Barry Gill, head of investments, UBS Asset Management has said that the market volatility seen in US markets following Trump’s 2016 election victory may...
E-trading platforms show mixed results in October’s market share battle
Electronic trading fixed income platforms saw a slight drop off in volume relative to October, but strong activity against the same period last year.
Bond...
Lacklustre trading at Barclays and HSBC in Q4 2024
Barclays and HSBC both saw relatively subdued fixed income, currencies, and commodities (FICC) trading results in Q4 2024 compared to peers like BNP Paribas.
Barclays...
Does this year start with the smallest trades ever?
Trading activity in European bond markets at the start of 2024 has had the highest trade count of the past three years by some...
Analysis: Fixed income e-trading platforms still seeing outperformance in March
Major electronic bond trading platforms have reported record trading volumes across several sectors of fixed income, supporting the contention that increased adoption last year...
Is US investment grade market-making starting to fray?
In US credit, mean bid/ask spreads are skewing upwards from the median, indicating that a greater proportion of larger spreads are in some cases...
Macquarie Asset Management names Vivek Bommi head of leveraged credit
Macquarie Asset Management (MAM) has named Vivek Bommi as head of leveraged credit.
In this role, based in Philadelphia, Bommi will be responsible for the...
MarketAxess sees big increases in Eurobonds and emerging markets ADV in August
MarketAxess, electronic trading platform for fixed-income securities, has seen its total credit average daily volume for August 2023 inch up by 2% YoY, while...
