Dan Burke joins MarketAxess
MarketAxess Holdings has appointed Dan Burke as global head of emerging markets. He reports to Raj Paranandi, chief operating officer for EMEA and APAC....
Focus on China’s property sector
The charts we focus on this week are from CreditSights, and look at the issuance and outstanding bonds for Evergrande, the Chinese property developer...
Trumid sees ‘record’ trade volumes in January
Bond market operator, Trumid, reported record trade volume and user participation in January 2024, claiming average daily volume (ADV) of US$6.4 billion, up 90%...
Industry bodies rail against new US capital rules
Trade bodies have set their stalls against the introduction of planned capital rules in the US, which would create additional costs for banks seeking...
Uncertainty on impact of US debt ceiling
Members of the Treasury Market Practices Group (TPMG) were unable to come to a consensus on the impact of the US debt limit being...
Measuring digital bond issuance
The use of distributed ledger technology (DLT) to issue bonds can tackle several concerns in the debt markets. Firstly, it reduces the fragmented information...
IHS Markit claims Liquidnet clients see transaction cost savings of 87%
By Shobha Prabhu-Naik.
Information provider IHS Markit claims that buy-side firms trading all-to-all receive 87% transaction cost savings, by trading on Liquidnet Fixed Income.
IHS Markit...
Cboe IBHY Futures set volume and notional value records
Market operator and trading solutions provider, Cboe Global Markets, reports trading in Cboe iBoxx iShares $ High Yield Corporate Bond Index (IBHY) futures set...
Hermes appoints Andrew Jackson as head of Fixed Income
Hermes Investment Management, which has £30.6 billion in assets under management, appointed Andrew Jackson as head of Fixed Income, reporting to Eoin Murray, head...
Citadel Securities making markets in Treasuries on Tradeweb
By Dan Barnes.
Citadel Securities has become a liquidity provider on the Tradeweb institutional US Treasury marketplace, for dealer-to-client trading. Citadel Securities’ expansion into Tradeweb’s...
TMPG: US Treasuries supply may strain market makers; Fed guidance a concern
Newly released minutes from the Federal Reserve’s Treasury Market Practices Group, an industry-led advisory body on market structure and trading, has indicated concern about...
The Book: Expectations for common European debt issuance
A report by Mario Draghi, former European Central Bank president, looking at paths forward to improve the European Union’s competitiveness, has found a solid...