Mystery surrounds APA failure in European bond markets
European bond market participants are keen to know which post-trade data reporter, known as an approved publication arrangement (APA), has ‘data quality issues’ resulting...
BOB Secondary: US Credit has never had it so good
Liquidity in US credit has improved significantly over the past year, with bid-ask spreads lower than any point in 2022, according to MarketAxess’s CP+...
Will liquidity shifts bend or break US Treasuries?
Disclosed trading and internalisation are increasing as liquidity is wrung out of dealers and electronic market-makers. Chris Hall reports.
As January’s storms ripped holes in...
MarketAxess muni offerings incorporated into Investortools Dealer Network
Fixed-income electronic trading platform MarketAxess has expanded its municipal bond integration with the Investortools’ platform, the latest phase of its Financial Information eXchange (FIX)...
Chappell lands new trading role for 2020
Brett Chappell, the former head of fixed income trading at Nordea Investment Management, is joining Mariana UFP, a global financial services business in London...
Markus Sauerland joins NowCM as COO, co-CEO
Market infrastructure and issuance provider NowCM has appointed Markus Sauerland as its new chief operating officer and co-CEO, alongside current CEO Robert Koller, effective...
Substantive Research reports market data pricing inconsistencies
Substantive Research, the data discovery and analytics provider for buy side firms, has published analysis of market data pricing, with a focus on opaque...
Lucas Busch promoted at LGAM
L&G Asset Management has promoted Lucas Busch to head of US credit trading.
Busch has been with the firm since 2019 as a credit trader,...
CME to buy NEX Group
CME to buy NEX Group
CME Group will acquire NEX in a deal expected to close in the second half of 2018, pending approval by...
Michelle Neal: On taking great responsibility
Having managed the market divisions at several top-tier financial institutions, Michelle Neal is now responsible for supporting the most significant fixed income market in...
Less distressed debt
The risks of default in high yield credit are one reason cited for reduced sell-side trading activity in the asset class. However, while the...
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...