Tag: MarketAxess
Mixed trading volumes in May for fixed income across platforms
Looking at the numbers from the major trading platforms in May, volumes appear to be recovering which will be positive for dealers, who saw...
Feeling the credit crunch in high yield trading
Trading costs for high yield bonds have been elevated on both sides of the Atlantic. The US saw a big jump in bid-ask spreads...
Coalition Greenwich sees US bond trading volumes falling in Q2
A report by market analysis form Coalition Greenwich, part of S&P Global, has found that after an active first quarter, corporate bond trading slowed...
The implication of Europe’s falling volumes
An ominous sign in Europe’s secondary markets for dealers, as volumes remain in the doldrums.
Anecdotally, buy-side firms report volumes are up to 20%...
Bloomberg, MarketAxess and Tradeweb sign joint venture agreement
Bloomberg, MarketAxess and Tradeweb have signed a joint venture agreement, to establish an independent company for the purpose of participating in the public procurement...
European credit – get it while it’s hot!
Bid ask spreads in European investment grade (IG) credit trading have fallen substantially over the past month, based on data from MarketAxess’s CP+ composite...
Review: Mixed bond trading revenues in choppy first quarter
Banks have seen mixed results from bond trading in the first quarter of 2023, across credit and rates, while electronic trading platforms have seen...
Europe IG credit trade size collapsed and has not recovered
Corporate bond traders has seen the average trade size reducing in Europe across both investment grade and high yield, suggesting that block trading is...
Investment Grade trading: A tale of two markets
By John Gallagher, MarketAxess
Last year, the markets were a one-way trade. Aggressive rate increases leading to horrible returns. Sell everything! And ask questions later......
Market structure: Is e-trading plateauing?
The overall pace of bond market electronification is slowing, but trading evolution is not linear.
Electronic trading has grown as a proportion of total trading,...
