Virtu Financial: Making markets globally
The technology firm stepping into fixed income market making
Virtu Financial outlines its plan to make markets in credit and rates using its scaled global...
Implied cost of liquidity falling, with US high yield an exception
Volumes in the corporate bond markets have been picking back up, relative to bid-ask spreads, indicating an improving liquidity picture across the US and...
CME Group to launch €STR options in Q1 2024
Derivatives marketplace CME Group is to launch options on €STR futures from Q1 2024, adding to its suite of European rates derivatives.
CME launched 3-month...
Keeping the doors open
Erika Bianco, Senior Marketing & Communications Manager, EMEA & APAC at MarketAxess and Camille McKelvey, Head of Post Trade STP Business Development at MarketAxess talk...
Dimis Theodorou joins ING
ING has appointed Dimis Theodorou as managing director and head of its UK debt capital markets syndicate, with a focus on high yield, emerging...
Video: Trends in Fixed Income Trading: Metamodern Meditations on the Future Market Structure
Russell Dinnage, managing consultant at GreySpark Partners, talks about how the structure of trading in the fixed income market could change over the next...
Bank of England tacitly acknowledges impact of capital rules on market making
The identical nature of proprietary trading and market making has been highlighted in a paper published by the UK’s Prudential Regulatory Authority (PRA) the...
Fear of job loss harming traders’ mental health
Exchanges are calling for 24-hour trading. Firms are working with less resources. Markets are increasingly complex. And traders are worried about job loss.
In the...
The Book: Alphabet tops issuer league table in May
Alphabet Inc., the parent company of Google, was the largest corporate issuer in May 2025. It issued a combined US$5 billion and a combined...
Xerox prices senior secured notes ahead of April issuance
Xerox Corporation has priced US$800 million in senior secured notes, set to be issued on 1 April.
Half the principal amount will be issued with...
PMs say treat LLMs like interns while vendors build on it
At the Fixed Income Leaders Summit (FILS) in Amsterdam, artificial intelligence (AIs) and large language models (LLMs) were referenced in most panels but two...
Competition for debt issuance fierce as activity remains
Primary debt markets are likely to be a major revenue earner for dealers facing tighter margins in secondary bond markets. Issuance has started strongly...
