Emerging markets see liquidity costs decline
The cost of liquidity in emerging markets appears to be falling for fixed income traders. Looking at MarketAxess’s CP+ consolidated price feed, and cross-referencing...
Bloomberg, MarketAxess and Tradeweb axe joint consolidated tape project
Bloomberg, MarketAxess and Tradeweb today jointly announced they will not form an independent company to participate in the public procurement procedure to become the...
Investor Demand: Long-term fixed income allocations rise as risk appetite remains neutral
State Street Holdings Indicators have shown that long-term investor allocations to fixed income rose 43bps to 27.9%, by extension meaning cash holdings dropped 80bps...
Thailand’s Government Pension Fund taps Charles River for front office management
Thailand’s government pension fund has selected State Street subsidiary Charles River Development to modernise its front office operations and manage its domestic and international...
Manual trading remains popular in US rates market
Record issuance and higher holdings prompted significant US rates volume growth in January. While electronic trading maintained its market share, manual processes remain popular...
Managing relationship fragmentation
Jon George and Alex Hardouin of Refinitiv discuss how they are mitigating relationship risk following the firm’s merger with LSEG.
How does the range of...
Ex-RBC director joins ItauBBA emerging markets team
Conor Hails has joined the emerging markets rates and foreign exchange sales team at ItauBBA. He is based in New York.
ItauBBA, part of the...
Ellipsis AM boosts convertible management team
Convertible management specialist Ellipsis Asset Management, a subsidiary of the Kepler Cheuvreux group, has acquired Edmond de Rothschild Asset Management’s convertible bond management business.
Through...
AllianceBernstein CEO calls for review of daily dealing bond funds
Seth Bernstein, CEO of buy-side firm AllianceBernstein, has called for a review of daily dealing for clients, for mutual funds, while maintaining support for...
LIBOR risks growing
Philip Whitehurst, head of service development at clearing house LCH has warned delegates at the Fixed Income Leaders Summit to take FCA warnings seriously regarding...
BondWave reports volume/liquidity paradox
Trading efficiency has driven down the costs of trading, and supported the ability to find liquidity, despite falling volumes, says BondWave’s Paul Daley, MD...
Trumid: Portfolio trading comes of age
For an institutional investment manager that needs to add or reduce risk in its corporate bond portfolio, being able to trade a custom basket...