MARKET NEWS
Commentary: Inside the fixed income ETF primary market
By Alex Evangeli
The ecosystem that powers fixed income ETF trading is more complex than the simplicity of trading the product suggests. Behind the...
Emerging market bond liquidity erodes as trade counts fall sharply
Emerging market bond volumes have fallen every quarter of 2026 and trade counts are down by more than a quarter, according to MarketAxess data...
Murray joins Adroit
Neil Murray, former UK credit sales team member at Bank of America, has announced that he is joining execution management system provider Adroit Trading...
Meta taps BlackRock for latest giant data centre
Everything’s bigger in Texas, including Meta’s latest El Paso data centre venture and BlackRock’s 80% stake in it.
The project, announced last week, will include...
EchoStar debt rockets
EchoStar’s notional debt outstanding increased by US$7.64 billion between May and June.
On 28 July, the company repaid all outstanding obligations of its 7.75% senior...
ICE buys MarketAxess
The Intercontinental Exchange (ICE) is buying MarketAxess for a total enterprise value of US$5.7 billion.
The deal is expected to close in H1 2027.
ICE will...
FEATURES
Emerging market bond liquidity erodes as trade counts fall sharply
Emerging market bond volumes have fallen every quarter of 2026 and trade counts are down by more than a quarter, according to MarketAxess data...
BofA’s Sonali Theisen: Digital Assets Boost Fixed Income Efficiency
Digital assets have the potential to fundamentally reshape institutional markets via 24/7 trading, near-instant settlement, lower capital costs, and programmable infrastructure. As this evolution...
Acadian’s Michael Doros on the future of systematic credit trading
As credit markets become increasingly electronic, systematic managers are gaining new opportunities to scale research, improve execution, and optimize portfolios in real time. Traders...
Invesco: Kaizen and the art of trading
Running one of the leanest teams on the street, Ray Uy’s traders amplify their firm’s investment ideas by combining deep relationships, cutting edge technologies...
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...
Member
NEW ISSUES
FROM THE ARCHIVES
High yield bond issuance relative to liquidity
A report by the Association for Financial Markets in Europe (AFME) has found that primary issuance of European high yield (HY) bonds in 2023...
valantic FSA invests in low-code technology provider Velox
valantic Financial Services Automation (FSA), a provider of cross-asset electronic trading and automation solutions, has completed an investment in Velox Financial Technology, to support...
Tabb: Derivatives boosting access to liquidity into 2019
By Pia Hecher.
Analyst firm TABB Group reports the number of market participants using corporate bond index futures and bond index total return swaps (TRSs)...
Ratings & Analysis: S&P says non-bank/bank nexus is top systemic risk
A new report by S&P Global has highlighted the systemic risks now posed to the financial markets at the point where bank and non-bank...
Defaults creep higher in leveraged credit markets
Credit markets are navigating one of their most challenging environments in years, with default rates climbing across both public and private debt. The consequences...
MeTheMoneyShow – Episode 14
Dan Barnes speaks with Lynn Strongin Dodds on the push and pull of the Libor transition, the increased traction in ESG investing, and the...
CME Group’s international rates ADV up 42% in Q2
Market operator and infrastructure provider CME Group has reported its international average daily volume (ADV) reached 5.1 million contracts in Q2 2021, up 6%...
Bloomberg launches market-driven daily credit risk indicator
Bloomberg is offering its Market-Implied Probability of Default (MIPD) product, a market-driven creditworthiness indicator, to both Enterprise Data and Bloomberg Terminal clients globally. MIPD...
ICE Bonds receives approval for expansion in Canada
Intercontinental Exchange (ICE), the market operator and data/technology provider has received approval to operate its ICE TMC fixed income trading platform in all Canadian...
TransFICC: Q&A with Steve Toland & Judd Gaddie
TransFICC has just launched a new eTrading service which combines a hosted desktop GUI with IRS venue and workflow integration, pricer API, server hosting and...
Tradeweb launches Saudi ATS
Tradeweb has expanded its alternative trading system to cover Sukuk and Saudi Riyal (SAR)-denominated debt instrument execution.
The company was licensed by the Capital Market...
BrokerTec’s March average daily volume for US Treasuries up 11%
Market operator BrokerTec, part of the CME Group, has reported double figure growth in US Treasuries trading volume for March. More broadly, CME reported...
