BondVision prepares for T+1 shift
MTS’s BondVision (part of the Euronext group) has updated its default settlement offset to T+1.
In anticipation of the North American transition to a shortened...
US electronic credit trading slows down in May
Average daily TRACE volume for US investment grade (IG) and high yield (HY) corporates slipped 10.8% from April to US$52.8 billion, according to MarketAxess...
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...
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...
Dangayach leads APAC DCM
Citi has named Deepak Dangayach as co-head of debt capital markets (DCM) for APAC as it seeks to build out its presence in the...
High Yield did not get the ‘trade size’ memo
High yield trade sizes are continuing to rise in 2024, and its bonds continue to show signs of increasingly manual trading. As bond markets...
‘Tis better to give than to receive? How ELPs affect credit trading
In a Christmassy spirited theme, The DESK considers how the advantages of electronic liquidity provision can support credit markets – and how the reception...
FILS USA: Policy, predictions and reasons for optimism
While outlooks are often gloomy, speakers at this year’s Fixed Income Leaders Summit were optimistic about the future of the industry. That said, the...
Complex environment requires multi-model approach to data science
In fixed income, the most effective investment and trading models can be those built to withstand uncertainty. Speaking at the Fixed Income Leaders’ Summit...
2023: US govies down 6.3%, corporates up 5.4% YoY
US Treasury issuance was estimated to be almost US$4 trillion across 2023 and Q1 2024, a 305.7% increase on the historical average, with Treasuries...
Get your trade dressed to kill (or execute)
Getting a trade to look attractive to a counterparty gets harder the more illiquid, large, and specific it is. As the purpose of a...
On the DESK : Lee Sanders, AXA Investment Managers
Lee Sanders, head of Head of Execution at AXA Investment Managers believes that increasing automation is the biggest issue on buy-side trading desks.
How has...
