Tag: TRACE
The liquidity gap between 144A and Reg S bonds
144A and Regulation S (Reg S) securities have distinct regulatory backgrounds and key differences. Liquidity measures such as Bid-Ask spread and post-issuance volumes in...
Opinion: Regulators need to prioritise closing the market making gap
The one thing bond markets are really in need of, is more two-way liquidity in stressed markets. Yet that is nowhere on the regulatory...
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%...
FILS 2022: Volatility is rewriting the rules on high-touch, low touch...
Pricing data from automated trading systems is inspiring less confidence during current volatility. This uncertainty stalking the market is shifting perceptions of high touch...
Analyzing chair Gensler’s comments on TRACE reporting
By Julien Alexandre & Grant Lowensohn
Highlights
The SEC chair recently announced the SEC was considering reducing the reporting window for US corporate bond transactions to...
ICE best execution service doubles coverage
Intercontinental Exchange, Inc., a leading global provider of data, technology and market infrastructure, announced enhancements to its Best Execution service, which more than doubles...
New flexible data offerings – Eugene Grinberg
Eugene Grinberg, Solve Advisors Co-Founder and CEO, tells The DESK how the firm’s acquisition of Advantage Data and Best Credit Data will support better decision-making...
TRACE recalibration exposes double counting
An adjustment to bond trade reporting to TRACE, the US post-trade reporting tape for fixed income, has cut the volume of trades arranged via...
Juggling the growth in CUSIPs
If the population of a country increased by 50% since 2014, you would think a housing crisis was likely.
Yet in the year The DESK...
Chart of the week: Attack of the killer BBBs
The lowest tier of investment grade bonds show an interesting opportunity in the new issue space, as observed by analyst firm CreditSights. Relative value...
