A tale of two metrics – US IG corporate bond market liquidity in 2022
By Julien Alexandre, 12 October 2022
Corporate Bond Market Distress Index
The NY Fed recently launched the Corporate Bond Market Distress Index and backfilled it all...
FILS USA 2022: Leveraging technology to greater effect
The audience at FILS USA got an in-depth insight into optimising front office technology on Thursday, with a detailed analysis of how desktop interoperability...
Ares acquires BlueCove, launches systematic credit strategy
Ares Management Corporation is acquiring the outstanding share capital of UK systematic fixed income manager BlueCove Limited, after holding a minority stake in the...
The election effect: Secondary markets
While the effect of an election on the markets is typically subdued on the day itself – more so when the outcome is uncertain...
FI revenues make big yearly gains at European exchanges
Fixed income trading revenues dipped in the second quarter at European exchanges – but were up more than 20% across the board.
LSEG’s fixed income...
UK pension fund clearing exemption gets long-term renewal
Following a November 2023 call for evidence, the UK government has decided to extend the exemption for pension funds to clear certain derivative contracts...
Tim Kurpis named portfolio manager at AllianceBernstein
Tim Kurpis has been named senior vice president (SVP) and portfolio manager, credit at AllianceBernstein, thirteen years after joining the firm in the role...
Bowles joins Vanguard in European expansion
Nick Bowles has joined Vanguard as an active high-yield trader as the firm seeks to build out its actively managed European high-yield and leveraged...
Marex picks up Valcourt in FI expansion
Marex has acquired European market maker Valcourt in a bid to expand its fixed income business.
Following regulatory approval, the acquisition will close in H1...
Exclusive: ICE relaunches enhanced sweeps session-based protocol, ICE RMA
Intercontinental Exchange, (ICE), has relaunched ICE Risk Matching Auction (RMA), an enhanced sweeps session-based protocol for dealer-to-dealer fixed income trading, which ICE president Peter...
TransFICC: The increasing importance of data centres in fixed income
As the fixed income market becomes more electronic, we are seeing an increasing number of firms connecting to data centres around the world. The DESK...
Inflows to EM debt beta funds could change trading patterns
Emerging market (EM) exchange traded funds (ETFs) have seen cumulative inflows of US$1.9 billion year to date, according to analysis by Morgan Stanley, while...
