Tag: Coalition Greenwich
What does flat e-trading growth mean for credit traders?
The proportion of electronic trading in 2023 within US credit markets is proving stubbornly resistant to growth. Research by market structure analysts, Coalition Greenwich,...
US Treasuries lost its ‘sell-side’; can clearing and capital rules revive...
Market participants report the current proposals by the US Securities and Exchange Commission (SEC) to centrally clear trades in the US Treasuries market are...
Trading: Loans and ABS: The fixed income markets time forgot
Trading in the less liquid parts of the fixed income market has remained relatively untouched by electronification.
Loans and securitised products backed by loans can...
BOB Secondary: US Credit has never had it so good
Liquidity in US credit has improved significantly over the past year, with bid-ask spreads lower than any point in 2022, according to MarketAxess’s CP+...
FILS in Barcelona: If the future is futures, what happens when...
Moving liquidity from the spot or cash markets into futures is raising some concern amongst market participants. In FX, trading volume on the Thomson...
Hold me now!
“Hold me now,
Whoa, warm my heart,
Stay with me!”
This Thompson Twins’ classic could be sung by corporate bonds to the sell-side community, who saw their...
Market Structure: New risk and liquidity in the US Treasury market
Significant changes in counterparties and market structure have transformed US Treasury market activity.
Dealer-to-client trading has overtaken interdealer markets in volume traded according to analyst...
Are average trade sizes really falling in the US?
Earlier this year we noted that average trade sizes were down considerably on 2022, but being wary of mean reversion, we wanted to revisit...
Coalition Greenwich: Buy-side data spend sees highest growth in fixed income
Spending is up across all categories of market data, with equities, fixed income and derivatives all expected to see a rise of more than...
Analysis: Market response to US Treasury’s increased borrowing needs
The US Treasury’s need to increase debt issuance, beyond market expectations, has had several effects. Firstly there was a ratings downgrade of the USA...
