Internal crossing for US bond trading needs ‘principles-based’ approach
Buy-side firms have roundly supported Securities and Exchange Commission (SEC) proposals to allow internal crossing of fixed income trades in the US market, however...
Hiring spree sees banks bolster fixed-income desks
By Flora McFarlane.
A Greenwich Associates report indicates banks are rebuilding their sales and trading desks in response to several quarters of growth in fixed...
Debt, Outstanding!
The rising level of outstanding debt in the US markets is remarkable – it hit 144% of gross domestic product (GDP) in 2022 according...
Jupiter AM: Training to trade against heavyweight rivals in fixed income
Jupiter Asset Management has trained its trading team on data and analytics in order to beat its rivals to the punch when finding liquidity...
Who can make money, market making Euro credit?
Looking at the average bid-ask spreads of European credit trades, and correlating them with the average trade sizes for the year to date based...
IDX 2024: Divergence or convergence for EU and UK regulation?
Regulation is an ever-changing beast; panellists at this year’s International Derivative Expo conference provided updates on new mandates, progress being made and how implementation...
RBC joins ICE Clear Credit as clearing member
The Royal Bank of Canada (RBC) has joined Intercontinental Exchange’s (ICE) credit default swaps clearinghouse, ICE Clear Credit, as a clearing member.
Following its membership,...
What is driving down EM trading costs?
Analysis of trade size and bid-ask spread data from MarketAxess’s CP+ pricing feed and Trax market data, which tracks activity across markets, indicates that...
Industry viewpoint : Mark Goodman : UBS
THE PERILS OF NOSTALGIA.
Mark Goodman, Managing Director, Global Head of Electronic Trading – FX, Rates and Credit at UBS.
‘Nostalgia’ is a modern word, coined by a...
Ancoa post-mortem: Spend was over four times greater than revenue
Ancoa, the troubled market surveillance firm that went into administration on 5 May 2017, had an average monthly spend of £450,000 in 2017, or...
7 Chord and Bonds.com partner to deliver executable pricing data
Bonds.com and predictive pricing and analytics firm 7 Chord have partnered to combine bonds.com’s executable pre-trade pricing data with BondDroid AI, 7 Chord's real-time...
Managing human capital in fixed income trading
As the fixed income industry evolves, so do the skills needed to succeed — and emotional intelligence is increasingly at the forefront of how...
