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...
Tradeweb caps record Q4; December lighter than analyst predictions
Market operator Tradeweb reported a total trading volume for December 2021 of US$19.9 trillion across rates, credit, equities and money markets, a decline of...
TP ICAP expands MATCHBOOK Rebalance to US
Interdealer broker and market operator TP ICAP, has launched MATCHBOOK Rebalance, an electronic trading solution designed to reduce residual risks in fixed income portfolios,...
Dagmar Kamber Borens takes on new role at State Street
State Street has appointed Dagmar Kamber Borens as head of global markets for continental Europe at State Street Bank International.
Based in Zurich, she reports...
Broadway upgrades Duration Trader algo to tackle rates volatility
Broadway, the front-office system provider, has upgraded its Duration Trader algorithm in an effort to meet customer and market needs during an ongoing period...
Coalition Greenwich: Opportunity to electronify block bond trades is huge
Analyst firm, Coalition Greenwich, has found that block trades in the US bond market, defined as trades in investment grade (IG) with a notional...
Tradeweb’s October volumes reflect turbulence in European and US markets
Tradeweb, the market operator across rates, credit, equities and money markets, has reported an average daily volume (ADV) for the month of US$1.05 trillion,...
Buy-side firms warn on herding effect of QE
By Aulia Beg.
Portfolio managers have expressed concern about the ‘herding’ behaviour within the investment community, resulting from central banks’ quantitative easing (QE) programmes.
In a...
Does trading performance need to be quantified to justify outsourcing?
An asset manager may need to assess the value that an outsourced trading provider offers using a range of measures in fixed income markets.
Fixed...
Rates : Trading protocols : Dan Barnes
The new Treasuries protocols
Breaking away from the request-for-quote protocol could allow for tighter pricing without information leakage.
Traders engaged in the US Treasury (UST) markets...
Changing the liquidity dynamic
US treasury traders are seeing enormous shifts in historical volume and trading patterns. Nichola Hunter, CEO of trading venue LiquidityEdge believes that asset managers...
Neptune announces new CEO, with strong buy-side support
Neptune Networks, the fixed income pre-trade market utility, has appointed John ‘Coach’ Robinson as permanent chief executive officer (CEO). Robinson commenced in the role...
