High yield market makers comfortable with risk
European bond traders are seeing average trade sizes expanding in September while bid ask spreads lower to the bottom end of their range as...
TP ICAP connects dealers to Liquidnet’s New Issue Trading protocol
TP ICAP, the interdealer broker, market infrastructure and information provider, is enabling dealers to join the buy-side in placing orders and trade directly on...
US regulators battle to define bond market structure
US market regulator the Securities and Exchange Commission (SEC) has engaged in a series of initiatives that could collectively bring more structure and standardisation...
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...
Nicholas Stephan joins Liquidnet’s fixed income team
Market operator Liquidnet, has appointed of Nicholas Stephan as global head of fixed income product, services and dealer relations. The appointment is the latest...
July 2023: MarketAxess sees mixed bond ADV results
MarketAxess sees mixed bond ADV results in July 2023, credit ADV up 8% YoY
MarketAxess has reported total credit average daily volume (ADV) of US$11.4...
Technology: Can the EMS become a desktop trading venue?
Direct streaming of dealer prices could allow traders to bypass third party venues, if their desktop systems can be used to execute direct streams...
Research: TCA use in bond markets
New research of 36 buy-side firms has found that 81% of respondents find fixed income TCA effective for assessing broker performance, 77% for regulatory...
Tradeweb poaches Daniel Swaby from Trumid
Tradeweb, a fixed income, derivatives and ETF electronic trading platform, has hired Daniel Swaby as director.
Swaby, formerly at Trumid where he worked in emerging...
Credit is climbing, but unevenly
Analysis by S&P Global Market Intelligence charts the rise of credit markets over the past year, and finds index levels are by 10-15% of...
CFTC proposes changes to swaps reporting
The Commodity Futures Trading Commission (CFTC) has put forward two proposals, the first to amend certain rules regarding the reporting and information regulations applicable...
EIB’s Project Venus issues second digital bond on blockchain
The European Investment Bank (EIB) — in collaboration with Goldman Sachs Bank Europe, Santander and Société Générale — launched Project Venus, their second euro-denominated...
