Tag: Morgan Stanley
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...
Corporate bond Issuance slows into February, reducing trading desk pressure
The corporate bond market has slowed its flow of newly issued debt into the market, while fund inflows made the case for strong investors...
IG credit sees portfolio trading plateau while HY hits records
Portfolio trading (PT) continued its rapid expansion in 2025, with Morgan Stanley reporting total capped volumes in US markets reaching approximately US$1.3 trillion, a...
Morgan Stanley loses Gibbons to Liquidnet
Liquidnet has named Michael Gibbons as global head of listed derivatives business development.
Based in New York, he reports to global head of listed derivatives...
Double digit revenue growth at US exchanges; services beat trading
US exchanges saw increased revenues across the board in Q4 2025, with the largest players making the bulk of their profits from non-transactional services...
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...
Corporate issuance begins February weighted towards Europe and IG
The US is seeing a drop off in lower grade debt issuance so far in 2026, relative to 2025 levels, while higher grade US...
Credit traders get prepped for vol opportunities in 2026
Corporate bond traders should be well-prepared for sudden shocks in 2026, by broadening their access to solid pre-trade information, low-friction paths to liquidity and...
Investor Demand: Oracle balances debt issuance with equity reflecting investor caution
Oracle Corporation announced its full calendar year 2026 plan to fund the expansion of its Oracle Cloud Infrastructure business on Sunday 1 February, to...
Mixed results at dealers as rates and FX power US Q4...
JPMorgan had the largest fixed income, currencies and commodities (FICC) revenues amongst US banks at US$5.4 billion for the last quarter of 2025 with Goldman showing the strongest year on year growth on rates and FX trading. Citi and BofA FICC results were...













