MARKET NEWS
FCA greenlights ETS CTP authorisation
Etrading Software’s ETS Connect UK business has finally been authorised by the Financial Conduct Authority (FCA) to provide the consolidated tape for UK bond...
Fixed income gets a faster engine
The repo market sits at the heart of the global financial system, yet its efficiency rarely makes headlines outside specialist circles. As a mechanism...
Roughton joins Propellant
Propellant Digital has named Helena Roughton as a product manager, specialising in regulation.
In the London-based role, Roughton is responsible for Propellant’s regulatory product roadmap...
CLS onboards BofA for CCS service
Bank of America has gone live on CLS’s cross-currency swaps (CCS) service as FX market turnover grows.
According to the Bank of International Settlements, daily...
US rates volatility falls, volumes drop 20%
Average daily notional volumes (ADNV) were down 20% year-on-year (YoY) in US rates trading, falling to US$1.069 billion. Volatility dropped by 32% YoY to...
US credit trading volumes tumble from March peak
Average daily notional volumes (ADNV) dropped in US credit during April, while trade sizes crept up.
Total ADNV was down 5% year-on-year (YoY) and 12%...
FEATURES
The accelerating boat to China: A faster route for traders
China offers investors a wealth of opportunity, with the caveat that markets are not fully open. Where the authorities are cautious about changes to market...
Eurex sees lit credit future liquidity migrate to dark
The Bloomberg / Eurex credit futures conference in mid-January 2026 had all seats taken and attendees standing in the aisles. That bursting enthusiasm was...
Human battles machine in JGB market
Participants say electronic trading of Japanese government bonds has reached an inflection point, but others counter that the death of voice trading has been...
Credit futures see OI and ADV increase more than sevenfold YoY
The adoption of credit futures as a mainstream credit trading vehicle is broadening across venues and currencies: US$ iBoxx total return based futures traded...
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
Volumes drop off as Q1 ends, but liquidity still cheap
A broad decline of trading volumes across European & US corporate bond and emerging market debt trading coincided with end of the first quarter...
Raiffeisen partners with AxeTrading and Integral to boost bond trading efficiency
Raiffeisen Bank International (RBI) has partnered with AxeTrading, the fixed income trading software company, and Integral, the FX technology provider, to deliver a new...
Ryan Mitchell joins Verition Fund Management
Verition Fund Management has appointed Ryan Mitchell as a portfolio manager, based in South Carolina.
Mitchell has more than 20 years of industry experience and...
Molloy joins Morgan Stanley Investment Management
Mark Molloy has joined Morgan Stanley Investment Management as a macro trader. He is based in London.
Morgan Stanley Investment Management holds US$1.6 trillion in...
The Agency Broker Hub: The hybrid approach in fixed income brokerage
The hybrid approach in fixed income brokerage - How brokers better comply with clients’ execution models.
Umberto Menconi, head of Digital Markets Structures, Market Hub, Banca IMI,...
Symphony keeps arms open for the right partners
Symphony, the capital markets communications platform, and Genesis the low-code application platform (LCAP) have partnered to support the development of interoperable technology and applications,...
Bond pricing battle shutters Nordic funds
Several Nordic fund managers have been shuttering fixed income funds, mainly in the corporate bond space, to allow them to get prices from banks...
Insights and Analysis: Uncertainty reigns in trade war, rate impact expected
The inevitable effect of increased tariffs imposed by the US markets on trade partners – which may include the European Union, Canada and Mexico...
Are your traders for hire?
Growing numbers of asset managers are hiring third parties to provide their trading desks. Dan Barnes investigates.
Fixed income funds are under increasing pressure to...
PGGM joins Glimpse Markets
Dutch asset manager PGGM has joined buy-side bond data sharing platform Glimpse Markets.
“I’m delighted to welcome PGGM to the Glimpse data sharing network...
CME Group proposes date for fallbacks conversion of Eurodollar futures and options contracts
Market operator CME Group is proposing to convert Eurodollar futures and options open interest into corresponding secured overnight financing rate (SOFR) contracts on 14...
Sumitomo Mitsui Trust Asset Management adopts Bloomberg Rule Builder
Sumitomo Mitsui Trust Asset Management has adopted Bloomberg Rule Builder (RBLD), a multi-asset, rules-based trade automation tool, to try and enhance the efficiency and...
