The effect of trade sizes on high yield liquidity costs
Trading in high yield markets across the Atlantic is diverging considerably, with average trade sizes and bid-ask spreads tracking quite different patterns, according to...
Hermes Investment Management chooses IHS Markit for TCA
By Flora McFarlane.
Hermes Investment Management has chosen IHS Markit’s TCA platform ahead of incoming best execution obligations under MiFID II.
The technology provider’s TCA platform...
Uncertainty persists around process trades
A standardised approach to handling process trades would better support dealers. By David Wigan.
In mid-February, the European Securities Market Association (ESMA) published a formal...
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SoftSolutions’ new testing-as-a-service environment live
SoftSolutions, the fixed income trading technology provider, has announced that a major Scandinavian bank is completing testing of the latest version of nexRates using...
Julia Perroni joins Houlihan Lokey’s capital markets business
Global investment bank Houlihan Lokey has named Julia Perroni as a managing director in its capital markets business.
Based out of Paris, Perroni will head...
TD Bank joins LTX as liquidity provider
TD Bank has joined AI-powered corporate bond trading platform LTX’s e-trading platform, via its subsidiary TD Securities Automated Trading.
TD Bank will contribute axes, or...
US HY volumes hit yearly highs post-Liberation Day
US high yield (HY) trading volumes hit yearly highs last week as the country comes to terms with the implications of Trump’s ‘Liberation Day’...
Bloomberg Terminal outage: “Fortunately it was a quiet day”
Bloomberg Terminals went dark this morning, with traders reporting outages worldwide.
The terminal costs between US$24k and US$27k per year.
Eric Boess, global head of trading...
Is rising credit risk displaying in bid-ask spreads?
US credit markets are seeing a divergence in bid-ask spreads and trade sizes between high yield and investment grade bonds, according to data from...
HilltopSecurities names Jason Lisec head of fixed income capital markets
Hilltop Securities has named Jason Lisec as head of fixed income capital markets. Lisec joined HilltopSecurities in 2009 and has served as co-head of...
Ivan Mihov joins Liquidnet
Ivan Mihov has been appointed as fixed income sell-side business development at Liquidnet. Mihov has a strong pedigree in sales in the sector, with...
The cost of transparency and the value of information
Transparency can smell like information leakage by any other name, to butcher a Shakespeare quotation. Giving up information needs to happen at the latest...
