US credit volumes drop but trade sizes and costs stay flat
US corporate bond markets have seen volumes drop across investment grade and high yield trading in February 2025, however according to data from MarketAxess...
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...
Treasuries HFT hack test results released
The impact of a simulated cyberattack on a high-frequency trading (HFT) firm in the US Treasury (UST) market has been released by the Treasury...
Groes to lead consolidated BNP Paribas FICC business line
BNP Paribas has launched a fixed income, currencies and commodities (FICC) global business line, bringing existing fixed income activities under a single umbrella. Arne...
AxeTrading receives €2 million investment from Illuminate Financial
AxeTrading, a provider of fixed income trading technology, has announced a strategic investment of €2 million from Illuminate Financial Management, a venture capital firm...
Finsight acquires Credit Flow Research
Capital markets technology and market data firm Finsight has expanded its US fixed income market provision with the acquisition of Credit Flow Research.
The acquisition...
IRD traders see room for improvement in dealer technology use
Close to a third of interest-rate derivatives (IRD) traders are content with the technology use of their dealers, according to a recent Coalition Greenwich...
US credit jitters do not spill over to Europe, ICE data shows
In an environment of rapid market shifts and mounting uncertainty, recent ICE data reveals that while volatility in U.S. credit markets has surged, European...
Half of US IG credit e-traded in July
Electronic trading levels in US investment grade credit hit the halfway mark in July, up one percentage point year-on-year to take 50% of notional...
Crunching liquidity data
Sifting the sands of market data for gems of price and liquidity requires a build of mapping and analytical technology often beyond the resources...
Quantum leap: HSBC, IBM improve bond RFQ fill rate by 34%
HSBC and IBM have reported a 34% improvement in fill-rate modelling for bond request-for-quote (RFQ) using quantum-generated features and common data science algorithms.
The bank–technology...
Biscardi joins MarketAxess
Experienced bond trader Tom Biscardi has been appointed senior open trading specialist at MarketAxess.
The trading platform reported US$42.9 billion in total average daily volume...
