MARKET NEWS
S&P Global automates muni allocations
S&P Global Market Intelligence has launched an automated municipal bond allocation tool.
Integrated into the firm’s muni issuance solution, Municipal Bookbuild, the Municipal Bond Allotment...
Trumid brings automation to credit voice trading
Trumid has bolstered its services with Smart Voice, an LLM-driven tool that auto-populates credit trade tickets based on unstructured conversations.
“Despite all the growth in...
Saudi Arabia joins JP Morgan, Bloomberg indices
Saudi Arabia’s SAR-denominated sovereign sukuk is set to become part of JP Morgan’s emerging markets government bond (GBI-EM) global diversified index and Bloomberg’s EM...
Carolan joins Citi
Citi has named James Carolan as global head of FX structuring and solutions, effective July.
Based in New York, he reports to global head of...
TransFICC automates credit quote and trade negotiation
TransFICC has released a credit trading and quote negotiation automation tool for dealers pricing on dealer-to-client venues.
Credit Agent routes dealers’ enquiries to stream prices,...
Kerkor leads EMEA EM credit for ING
Joseph Kerkor has joined ING as a managing director and head of emerging markets credit trading for EMEA. He is based in London.
ING reported...
FEATURES
Eurex sees lit credit future liquidity migrate to dark
The Bloomberg / Eurex credit futures conference in mid-January 2026 had all seats taken and attendees standing in the aisles. That bursting enthusiasm was...
Human battles machine in JGB market
Participants say electronic trading of Japanese government bonds has reached an inflection point, but others counter that the death of voice trading has been...
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...
PROFILES
RESEARCH
Trading Intentions Survey: Data and protocol innovation are the battlegrounds for...
The 2026 Trading Intentions Survey has found that data is the most hotly-contested field in supporting corporate bond trading today, while analysis of trading...
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RISK & RETURN
FROM THE ARCHIVES
Bonds.com integrates RFQ into corporate bonds order book
Bonds.com has added a request for quote (RFQ) protocol to its corporate bond order book, using MultiLynq’s multi-dealer messaging and connectivity capabilities.
Operated by interdealer...
When banks go bust holding boring bonds
**This article will appear in full in the next issue of The DESK**
Government bonds are described as a 'risk-free' instrument, on the basis that...
New Issue IQ, Boltzbit partner on primary market automation
Bond issuance fintech New Issue IQ has partnered with AI firm Boltzbit to improve its processing operations, seeking to automate a traditionally manual area...
Buy side reports price movement risk in Treasury trading
Automated trading and derivatives are changing the way US Treasuries are traded, exposing the buy side to high-frequency trading strategies. Chris Hall reports.
If big...
Europe’s pension fund managers face rising margin costs as EU clearing exemption deadline looms
European pension fund managers are facing rising margin costs thanks to the increased cost of financing additional collateral payments just as the EU’s clearing...
Handelsbanken Fonder AB adopts Bloomberg’s PORT Enterprise
Handelsbanken Fonder AB, a subsidiary of Handelsbanken managing approximately 100 mutual funds, has adopted PORT Enterprise, Bloomberg’s portfolio and risk analytics solution, to further...
Buy-side desks find favour in credit futures
The expansion of Eurex’s credit futures offering into dollar and multicurrency products promises broader and deeper opportunities for investors.
A keen buy-side appetite for credit...
Viewpoint: Why bond traders are changing their habits
Informed traders are discovering that newer approaches to executing trades are more successful than older, habitual paths.
The DESK spoke with Max Callaghan of MarketAxess...
Deutsche Bank fined, again
Deutsche Bank (DBK) is still falling foul of its past misconduct. The Comisión Nacional del Mercado de Valores (CNMV), Spain's National Securities Market Commission,...
Risk profiling electronic market makers after Jane Street, Jump re-rated
Last year, Jane Street and Jump Trading had their rating outlooks upgraded by ratings agencies, as they overcame potential hurdles facing their businesses. Electronic...
Jefferies increases credit focus with Hildene acquisition
Jefferies has acquired 50% interest in Hildene Holding Company, parent company of credit-focused Hildene Capital Management and its affiliates.
Hildene Capital Management holds more than...
CurveGlobal saw 194% volume rise YoY in February
By Pia Hecher.
CurveGlobal has claimed a record start to 2019, with monthly average trading up 194% in February over the same month in 2017....
