Money markets begin to tail off as rates fall
Reviewing the second quarter activity in primary markets and fund flows, we see the total notional outstanding in US fixed income totalled US$45.3 trillion,...
Genesis Global launches primary bond market solution for buy side
Low-code application development platform, Genesis Global, has launched a system that aggregates new bond deal data for asset managers, designed to accelerate investment decision...
How does the collapse of refinancing affect bond trading?
It costs more to borrow money in the US right now, than it has for a long time. Even more so for companies in...
European investment grade seeing smaller, cheaper trades
European investment grade bond traders are seeing a falling bid-ask spread, and a rising trade count since the start of 2024, according to MarketAxess’s...
ICE issues US Dollar LIBOR cessation update
Intercontinental Exchange’s (ICE) Benchmark Administration (IBA), the authorised and regulated administrator of LIBOR, has provided an update on the cessation of US dollar LIBOR.
In...
Bond issuance standardisation boosted by FMSB
Market participants have published final guidelines that clarify expected behaviour during the new issue process for fixed income bonds in Europe.
A series of measures...
FILS USA 2022: Credit sees bid-ask spreads widen as volumes seesaw
Every trader attending FILS will be keeping an eye on the markets, as bid-ask spreads continue to tick upwards and volumes remain choppy.
Looking at...
ING issues first commercial paper trade via Onbrane
ING Bank has completed its first Euro Commercial Paper (CP) transaction, issued by Dutch company Royal Friesland Campina, on the Onbrane platform for primary...
Viewpoint: Technology and the evolution of fixed income trading
Steve Toland, co-founder TransFICC
The fixed income and derivatives market is evolving, rapidly migrating away from the phone onto electronic venues. Electronic trading satisfies the...
LSEG: Helping traders construct a single view of the market
Trading desks can customise their technology thanks to greater data democratisation and desktop interoperability, making trade analysis more effective than ever. This will allow...
The Book: Barclays makes four investment banking appointments
Barclays has made a number of appointments within its investment banking division. By shoring up its investment banking business, the firm may be looking...
People moves: Scott steps into Switzer’s shoes; Konak joins Balyasny; Zaman joins Pershing
Matt Scott has been confirmed as head of core fixed income trading at AllianceBernstein (AB), following Jim Switzer’s promotion to head of municipals earlier...