Trending Now
MARKET NEWS
UK bond tape tender confirmation pushed to midnight tonight
Confirmation of the UK’s bond consolidated tape provider has been delayed until midnight tonight, its second extension, indicating open questions around the award still...
TradeTech FX: Multi-asset trading success conditional on buy-side objectives
The value of multi-asset trading desks to an investment manager is conditional on the goals of the buy-side firm aligning with the firm.
At TradeTech...
S&P to end TCA offering
S&P Global is shuttering its transaction cost analysis (TCA) operations, according to sources familiar with the matter.
Michael Richter, EMEA executive director of TCA at...
Soft volatility hinders US rates e-trading
Volatility was down 27% year-on-year (YoY) and down 6% month-on-month (MoM), with the MOVE index recording 80.43. This is the index’s lowest level since...
US credit trade sizes shrink in August
Average daily trade sizes across all US credit fell 12% month-on-month (MoM) to US$363 thousand after strong July performances, but still grew by 3%...
CFTC clears path for US customers to access JSCC yen IRS
The Japan Securities Clearing Corporation (JSCC) is now allowed to clear for US customers while remaining an exempt derivatives clearing organisation (DCO) subject to...
FEATURES
Credit futures see OI and ADV increase more than sevenfold YoY
The adoption of credit futures as a mainstream credit trading vehicle is broadening across venues and currencies: US$ iBoxx total return based futures traded...
Trade size growth undercuts European bond market ‘equitification’
Since 2023 European corporate bond markets have seen trades size grow, as trading platforms report increasing volumes
“If we break down electronic trading growth in European...
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...
Declaration of dependence
US president to oversee financial institution regulation amid deregulation drive.
Executive orders signed by US president, Donald Trump, have given him oversight of all US...
PROFILES
RESEARCH
Bond traders predict data science/AI use explosion in 2026
The DESK’s Corporate Bond Liquidity Access Survey, supported by LTX, finds trading desks are on the cusp of change.
Buy-side traders see 2026 as a turning...
Subscriber
Credit Spotlight
RISK & RETURN
FROM THE ARCHIVES
Tradeweb files for IPO
Market operator Tradeweb Markets, has filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) for a proposed initial public...
Why India’s bond markets may bloom in June
Inclusion in one major index could see Indian markets boost investment and liquidity, with more in January 2025.
Following the victory of the BJP in...
June sees European bond volume bounce back
European volumes in sovereign bonds traded in the secondary market continued to bounce back to its near 18-month peak, according to MarketAxess data, with...
MarketAxess: Changing liquidity conditions will impact the need for data
Data demands change as liquidity ebbs and flows, creating risks for buy-side traders as they seek to use more data to support their activity...
European Markets Choice Awards 2021 – The Finalists
Best Execution and The DESK are delighted to announce the finalists in the inaugural European Markets Choice Awards, sponsored by Instinet and Tradeweb.
The Awards...
BGC’s FMX goes live with Marex executing first trade
BGC Group launched its highly anticipated FMX Futures Exchange on Monday, opening for SOFR futures trading at 9 PM ET.
Marex cleared the first trade...
Perpetual selects State Street’s Charles River to manage front office ops
State Street subsidiary Charles River Development has been tapped by Perpetual Group to manage its front office operations for the firm’s Australian asset management...
Tradeweb completes A$125m Yieldbroker acquisition
Multi-asset market operator Tradeweb Markets has completed its acquisition of Yieldbroker, an Australian trading platform for Australian and New Zealand government bonds and interest...
SOLVE expands corporate bond pricing services
Market data provider SOLVE has launched SOLVE Px, a predictive pricing tool for high yield (HY) and investment grade (IG) corporate bonds.
This tool will...
MeTheMoneyShow : Cryptic problems for US regulators
In this podcast Dan Barnes speaks with Terry Flanagan and asks whether Europe is leading the race for exchange traded products? They discuss the...
Liquidnet reports ‘record’ $3.5bn volumes in Q1 2024
Liquidnet saw “record” trading volumes through its New Issue Trading (NIT) protocol, reaching US$3.5 billion, more than double the previous quarter.
The firm also saw...
David Fellah joins Broadridge
Expanding its AI and data division, Broadridge has appointed David Fellah as the firm’s first vice president of AI trading solutions. Based in New...
