Tag: Michael Cyprys
MarketAxess reclaims electronic credit trading crown in quiet market
US electronic credit activity eased sharply in August. On FINRA’s TRACE tape, combined US investment-grade (IG) and high-yield (HY) average daily volume (ADV) came...
The pretenders, and kingmakers, to the bond throne
Dealers are backing several new trading platforms who are fighting major incumbents for market share.
In the bond market, the trading platform landscape has been...
Analysis: Impact of diverging capital rules and higher rates on banking
A new paper by analysts from Morgan Stanley and Oliver Wyman has identified two main drivers for change within wholesale banking over the next...
Not fighting the Fed on high yield flow
High yield bonds have seen electronic trading in the US increase, with liquidity enhanced by the Federal Reserve’s announcement on 9 April that it...
