Insights: PGIM: strong bond returns in 2025
Bonds will see strong cumulative returns in 2025, PGIM predicts, irrespective of poor Q4 2024 results
Since late 2022, the firm states that bonds have...
Not fighting the Fed on high yield flow
High yield bonds have seen electronic trading in the US increase, with liquidity enhanced by the Federal Reserve’s announcement on 9 April that it...
ESMA consults on potential changes to CSDR penalty regime
The European Securities and Markets Authority (ESMA) has published a consultation paper seeking input on amendments to the Central Securities Depositories Regulation (CSDR) penalty...
FCA details CTP tender process
The FCA has outlined its next steps in the consolidated tape provider (CTP) selection process, from initial applications to final authorisation.
Applications must be submitted...
Piper Sandler builds out fixed income team with Brian Vescio hire
Investment bank Piper Sandler has appointed Brian Vescio as managing director and head of structured products trading to the firm’s fixed income team. He...
FILS 2022: FlexTrade, Glimpse herald “transformative” EMS data integration
Bond market data sharing platform Glimpse Markets has integrated with FlexTrade Systems’ fixed income execution management system (EMS), the two companies have announced.
FlexTrade said...
US HY volumes hit yearly highs post-Liberation Day
US high yield (HY) trading volumes hit yearly highs last week as the country comes to terms with the implications of Trump’s ‘Liberation Day’...
Natwest Markets trading desk automating fixed income trading workflow with ipushpull
Natwest Markets has implemented a new PPQ (Pushpull Quotes) workflow system to streamline manual workflow around non-standard, complex trades such as fixed income trading.
Matthew...
Local currency emerging market trading grows at MarketAxess
MarketAxess, the operator of an electronic trading platform for fixed-income securities, has seen a rise in volumes of local currency bond trading in emerging...
Correction: Trading Technologies reported revenues
In a previous story Trading Technologies revenues were incorrectly reported. As a private company, Trading Technologies does not report its financials publicly.
The company has...
Clearstream provides transparency into bond liquidity
Adel Humayun, Analyst in the Quantitative Analytics team at Deutsche Börse, and Catherine Jimenez, Head of Strategic Market Development in Eurobonds Product at Clearstream discuss the recently...
Automation may relieve the liquidity burden of capital rules
Corporate bond markets are rapidly electronifying on both sides of the Atlantic. Electronification of trading creates a virtuous circle for delivering faster, more standardised...
