Seeing the pressure market makers are under in European credit
Secondary market data paints a picture of the challenges faced by sell-side market makers in the European corporate bond market during Q4. Information from...
US credit e-trading race tightens, November volumes fall
US credit e-trading volumes dipped for both MarketAxess and Tradeweb in November, the gap between the two platforms narrowing towards the end of the...
November’s bumper month for fixed income e-trading
Electronic trading platforms have reported a bumper November for fixed income trading, with CME reporting interest rate average daily volume (ADV) up by 42%;...
Origination: Goldman prices US$400 million in notes
Goldman Sachs has priced US$400 million in unsecured notes, due 2030.
The notes have a 5.650% coupon and are expected to be delivered around 9...
Trade size growth undercuts European bond market ‘equitification’
Since 2023 European corporate bond markets have seen trades size grow, as trading platforms report increasing volumes
“If we break down electronic trading growth in European...
Jim Kwiatkowski named CEO of LTX, Toffey becomes chairman of the board
LTX, Broadridge Financial Solutions' bond, digital trading business, has promoted Jim Kwiatkowski to the role of CEO.
Jim Toffey, co-founder of LTX, will succeed Art...
Citadel poaches Rauseo
Kevin Rauseo has joined Citadel LLC, the alternative investment firm. Rauseo, who was formerly an executive director and head credit trader at rival systematic...
FILS 2024: Multifaceted monster or tamed by technology? Views on liquidity
According to the buy-side, liquidity no longer meets the old textbook definition – the ability to buy or sell, at a given price, size...
IMTC: Customising investment products efficiently in a rising rate environment
Technology is enabling investment managers to automate portfolio and instrument selection putting clients in the driving seat.
The DESK interviewed Russell Feldman, CEO of IMTC,...
Investor demand: Real money bids appear in US long end
Real-money buyers have started to bid the long end of the Treasury curve as systematic funds keep up their selling, leaving the long end...
DirectBooks launches platform for issuance of US corporate bonds; European expansion on cards
DirectBooks, the sell-side consortium founded to increase efficiency in the bond issuance process, has launched its core service to try and simplify communication of...
Origination: Issuer profile – EchoStar Corp
EchoStar Corp saw the largest proportional increase in notional debt outstanding in the technology sector in 2024, with a 509% increase, taking it to...
