Exclusive: Competition fails to cut prices for FX dealers
When Bloomberg announced, in Q4 2024, that it was to start charging dealers for using FXGO, its foreign exchange trading service, a number of...
New issuance drives up secondary selling
News that high yield (HY) issuance has fallen in Europe may be of little consolation to investment grade investors, as new data from MarketAxess...
Picturing uncertainty in a traditionally stable market
Trading numbers in secondary corporate bond markets appear to reflect anecdotal reports of volatility bursts, as political false starts impact the reading of major...
Brexit & Covid: Keep your eye on the ball
Jannah Patchay of Markets Evolution advises firms to keep their eye on the ball and not let Covid divert their attention from the job...
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Low volatility hits Q2 MarketAxess earnings
Bond market operator, MarketAxess, reported revenues of US$176.3 million in the second quarter of 2021, down 4.6% against Q2 2020.
“Second quarter results were heavily...
Lipper: Bond funds come roaring back (with Fed’s help)
Refinitiv Lipper has seen a bounce back for bond funds in Q2 2020 after they suffered losses of -4.3% and outflows of US$208.9 billion...
Corporate bond trade sizes climb in Europe
Total notional traded in European corporate bonds reached €5,397 billion in 2024, according to ICMA’s latest Secondary Market Data Report, an 11.8% increase on...
The Book: DoorDash prepares for US$2 billion private offering
DoorDash has announced a proposed US$2 billion private offering of convertible senior notes, due 15 May 2030.
The food delivery firm has a market cap...
Second quarter issuance recovers after soft April and May
Morgan Stanley has reported that June issuance increased 13% year-on-year (YoY) following a 34% drop in April and 3% decline in May.
“Strong June issuance...
Beyond Liquidity: T+1 Testing Begins
DTCC, the US post-trade market infrastructure, formally started the testing program for moving to a shorter settlement cycle on 14 August so market participants...
Adroit wins Invesco, connects to LedgerEdge
Adroit Trading Technologies, a trading system provider for institutional buy-side managers, has been mandated as an execution management system (EMS) across over the counter...
Andrew Bresler to lead Saxo UK
Online trading and investment firm Saxo has appointed Andrew Bresler as CEO of its UK business, effective 3 June. He replaces interim CEO Simon...
