A surfeit of bonds?
Henry I of England famously died from eating a surfeit of lampreys – a delicacy until consumed to excess. Central banks might want to...
On The Desk: Christoph Hock: On building efficiency
Union Investment’s development of a multi-asset trading team and segregation of high and low touch business is allowing it to focus trading resource where...
Worsening credit conditions battle improving trading capabilities
Both defaults and rerating of bonds are more likely in a high rate environment, and for trading desks this means finding efficient ways to...
CME Group expands credit suite as hedge demand grows
CME Group has begun trading high yield duration-hedged credit futures, based on Bloomberg corporate bond indexes.
The futures include an intercommodity spread with US Treasury...
Tradeweb saw ADV hit US$1 trillion in January 2021
Market operator Tradeweb has reported its total trading volume for January was US$20 trillion across its electronic marketplaces for rates, credit, equities and money...
US Treasury market change catalysed by proprietary trading firms
Proprietary trading firms are driving change faster than the interdealer brokers, writes David Wigan.
Direct streaming of pricing data is changing the historical client/dealer relationship...
Research profile: DirectBooks’ magic sauce
The DESK spoke with Rich Kerschner, CEO of DirectBooks, to understand what the magic ingredient is behind their success.
What has given DirectBooks the lead...
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Bloomberg launches ultrashort TIPS index to quell inflation fears
Bloomberg has launched an ultrashort index for the Treasury inflation-protected securities (TIPS) market as investors’ inflation concerns grow.
The Bloomberg US Ultrashort TIPS 1-13 Months...
Technology : AI paradigms for bond trading
Understanding types of machine learning is key to building automation in bond markets, writes Lynn Strongin Dodds.
The difficulties of applying artificial intelligence (AI) and...
Blake made partner at boutique Mariana Investment Partners
David Blake has joined Mariana Investment Partners, a boutique investment partnership focussed on investment solutions for small to mid-sized asset owners. Assets under advisory...
Traders note FCA ‘rebundling’ exposes misunderstanding of bond market
The UK market regulator, the Financial Conduct Authority (FCA) has released a consultation paper (CP) on existing MiFID II rules, which includes a proposed...
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...
