Tag: MarketAxess
Why Saudi bond indexation may not boost market liquidity
The inclusion of Saudi Arabian bonds in the JP Morgan Government Bond Index–Emerging Markets (GBI‑EM) could materially change the market’s liquidity profile, but traders should...
Buy-side traders become invaluable during crisis
The Iran war is clearly visible in parts of corporate bond pricing and emerging market trade sizes, but other parts of the market appear...
Electronic credit volumes stay firm in February
US electronic credit activity stayed firm in February. On FINRA’s TRACE, combined US investment-grade and high-yield average daily volume (ADV) reached US$65.3 billion, up...
Roundtable debate: Can the market electronify block trades?
The efficiency of electronic trading has trade-offs for blocks based on information disclosure, leakage and trust.
Electronifying execution of larger bond orders is the ‘holy...
PT democratisation through better analytics and residual management
By all measures, Portfolio Trading (PT) as a protocol has reached maturity, accounting for 20% to 25% of all US electronic credit trading. We...
US credit volumes drop but trade sizes and costs stay flat
US corporate bond markets have seen volumes drop across investment grade and high yield trading in February 2025, however according to data from MarketAxess...
MarketAxess and DirectBooks offer full-lifecycle management
MarketAxess has partnered with DirectBooks, giving mutual clients access to primary issuance information and workflow tools.
The service is expected to go live in Q2.
The...
Emerging market sovereign traders track bullish metal market
Emerging market (EM) sovereign debt stands apart from other EM asset classes, due to its exceptionally high commodity exposure. For several EM markets, with...
Is Europe’s consolidated tape already shaping trade sizes?
Trade sizes in Europe’s corporate bond markets are aligning across investment grade (IG) and high yield (HY) sectors, while the US markets are still...
E-trading flat as US credit volumes balloon
Electronic trading in US credit showed little movement between 2024 and 2025, hovering just below 50% of investment grade (IG) volumes and remaining at...
