Buy side wants new tools in primary market tsunami
Several buy-side traders report new primary bond market tools could come online this year in the US, with dealer consortium DirectBooks expected to step...
Private equity sponsored debt activity momentum accelerated in Q4
Unitranche financing reached new heights, with Q4 closing at 150 transactions—up 28% from Q3—and an annual total of 489 deals, marking a 38% increase...
Berry named global head of trading at Refinitiv
Dean Berry has joined data and benchmarking giant Refinitiv as global head of trading. Berry was most recently the global head of electronic and...
Falling emerging market liquidity costs reversed with Fed concerns
Traders in hard currency fixed income emerging markets have seen a decline in the costs of liquidity this year, according to data from MarketAxess’s...
Bloomberg to buy Broadway Technology in boost to rates trading
Bloomberg has entered into an agreement to acquire Broadway Technology, a fixed-income execution management system (EMS) provider. This acquisition will help Bloomberg to...
Fixed income ETFs struggling with liquidity crisis
Fixed income exchange traded funds (ETFs) are reportedly struggling in the current liquidity crisis, while their market makers are trying hard to get delta...
MarketAxess Q1 revenue up 36%; reports on US spreads
Bond market operator MarketAxess has seen revenues for the first quarter of 2020 increase 36% to US$169 million, up on the US$124.5 million it...
ESMA confirms launch of bond CTP in 2025
The European Securities and Markets Authority (ESMA) has confirmed consolidated tape providers (CTPs) will be selected by the end of next year, pushing the...
IMTC picks up another SMA services client
US broker-dealer and wealth manager Amerant Investments has adopted IMTC’s systems as it plans to scale its separately managed accounts (SMA) provisions.
Amerant Investments reported...
Trumid names Jason Quinn as Global Head of Sales
Trumid names Jason Quinn as Global Head of Sales as company continues to expand its trading footprint and to lead firm's commercial direction, including product...
Trade size disparity in US credit speaks volumes about balance sheet
Analysis of trading activity in the US corporate bond market shows that investment grade (IG) bonds are seeing greater moves towards larger order sizes...
Withering supply of European high yield
Comparing the ‘year-to-April’ data across years, 2022’s high yield issuance looks more like the post-financial crisis period than most years in between.
Data from CreditSights...
