Tag: High-yield
MarketAxess outperforms competition in October through slower month
US electronic credit trading slowed down in October. FINRA’s TRACE tape recorded combined US investment-grade (IG) and high-yield (HY) average daily volume (ADV) at...
Don’t Panic: How French credit has proven market Zen
The resignation of the French Prime Minister, Sébastien Lecornu, on 6 October came after less than a month in office. Being the third prime...
CME’s credit futures volumes quadruple YoY
Q3 2025 average daily volume (ADV) on CME’s dollar denominated credit futures reached US$292.3m, up 390% from Q3 2024, with average open interest (OI)...
Credit futures see OI and ADV increase more than sevenfold YoY
The adoption of credit futures as a mainstream credit trading vehicle is broadening across venues and currencies: US$ iBoxx total return based futures traded...
US electronic platforms’ credit activity cools further in
Average daily volume reported on TRACE for US investment grade (IG) and high yield (HY) dropped a further 9% month-on-month (MoM) in June to...
MarketAxess holds US credit trading high ground in April volatility
A burst of spread widening and credit ETF related trading pushed US electronic credit trading to another record in April.
TRACE volumes for investment grade...
Investor demand: South American debt capital markets immune from US markets...
In a show of strength, exemplified by Itaú Unibanco's US$1 billion issuance on 27 February, South American debt capital markets have carried on functioning...
Tradeweb takes electronic credit trading lead, for second time
Multi-asset market operator, Tradeweb, has recorded average daily volume (ADV) of US$8.6 billion in US credit during February, surpassing rivals MarketAxess (US$8.5 billion) and...
Barclays: European portfolio trading to hit 18% in three years
Portfolio trading share in Europe’s investment grade market could get closer to that of the US from its current 10–12% level in volume to...
Month-end activity in alternative protocols
By Misha Girshfeld, Research Specialist and Grant Lowensohn, Senior Research Analyst at MarketAxess. 25 October, 2022
Highlights
We have seen an average increase of about 11%...
