Ratings & Analysis: First Brands Group issuer ratings plunge
Autopart supplier First Brands Group has plummeted in credit agency ratings, declaring bankruptcy in the US.
Fitch dropped the company from B to CCC last...
March sell-off has driven a longer-term shift towards all-to-all trading
Buyers and sellers were successfully finding opportunities in all-to-all trading as traditional liquidity tightened. Does that herald a permanent shift in behaviour?
All-to-all trading came...
Buy-side desks find favour in credit futures
The expansion of Eurex’s credit futures offering into dollar and multicurrency products promises broader and deeper opportunities for investors.
A keen buy-side appetite for credit...
The Book: Who will drive reform in primary markets?
Primary market practices are under pressure to change, however the urgency and direction given for adaptation are often skewed by specific market participant groups.
The...
Neptune priced at £16k a year for buy side
Neptune, the dealer axe and inventory messaging platform for corporate bonds, began to charge buy-side traders a flat annual rate of £16,000 a year...
Rules & Ratings: Delta gets a positive outlook upgrade at Fitch
Fitch Ratings has revised Delta Art Lines’ credit rating outlook from stable to positive, and affirmed its BBB- long-term Issuer Default Rating (IDR).
This change...
Call for regulatory reform of primary markets
By Chris Hall.
Panellists were split on whether regulatory intervention is needed to improve transparency and efficiency in a debate on electronification and standardisation of...
Selling the dip
Credit investors may see the relative calm in the market at present as a point at which to trade into safer positions, according to...
Clouds gather around UK transparency as consolidated tape decision delayed
The UK consolidated tape provider race may not be over yet. The Financial Conduct Authority (FCA) has extended the standstill period in which challenges...
Trading: Best practices for the sell-side desk
Buy-side traders do not have time to waste, so attention is key to a strong relationship.
We asked buy-side desks about the best ways their...
Digital bond issuance: From zero to US$1,500,000,000 in 12 months
S&P Global Market Intelligence has assessed that the digital bond market “remains a work in progress” as new bond issuance focuses on testing in...
Upping strike rate and strength in US IG
We often hear ‘nothing really changes’ in relation to capital markets so it is good to have an insight into real progress, courtesy of...
