FMSB publishes final standard for the sharing of investor allocation information
The FICC Markets Standards Board (FMSB) has published the final standard for the sharing of investor allocation information in the fixed income primary markets.
Syndicate...
AFME: Buy- and sell-side debate value of new bond trading protocols
At the inaugural AFME Bond Trading, Innovation and Evolution Forum, panellists discussed the future opportunities of the international bond markets. As the discussion drew...
Camille McKelvey: Time to turn things on their heads
Shanny Basar spoke to Camille McKelvey, Head of Post Trade STP Business Development at MarketAxess, about languages, diversity in the workplace and career paths.
She...
TradeTech FX: Multi-asset trading success conditional on buy-side objectives
The value of multi-asset trading desks to an investment manager is conditional on the goals of the buy-side firm aligning with the firm.
At TradeTech...
The Book: France issues first digitally native note
Caisse des Dépôts et Consignations (CDC) has issued France’s first digital native note as part of European Central Bank trials to settle wholesale transitions...
US Credit: Liquidity costs trending down
The bid-ask spread in US high yield trading is falling again having suffered an uptick in December, according to MarketAxess Trax, which tracks trading...
The changing liquidity picture for fallen angels and rising stars
When a company has its credit rating adjusted, the impact on bond liquidity is not entirely predictable. In a changeable rate environment as seen...
Société Générale, HSBC and MUFG join DirectBooks; US$1.6 trillion processed in 2021
Société Générale, HSBC, and Mitsubishi UFJ Financial Group (MUFG), have joined the DirectBooks platform bringing the total to 19 global underwriters live on DirectBooks.
In...
Fixed Income Automation Surge: 60% of Credit Traders Now Use Robots
The electronification of fixed income markets is accelerating, driven by increased adoption of automated trading systems, with 60 per cent of credit market participants...
D2C US rates e-trading pops in sleepy summer
A quiet summer has allowed dealer-to-client electronic trading levels in US rates to reach a yearly high, Coalition Greenwich suggests.
Electronic trading dropped by just...
BGC’s FMX goes live with Marex executing first trade
BGC Group launched its highly anticipated FMX Futures Exchange on Monday, opening for SOFR futures trading at 9 PM ET.
Marex cleared the first trade...
CMSA – The drive to change industry dialogue in corporate bond markets
To create a wider dialogue around industry change, the Credit Market Structure Alliance (CMSA) is building an event with a democratic agenda.
The DESK: Why...
