MARKET NEWS
Dimon warns of downturn as fixed income revenues falter
Fixed income trading revenues fell for most US banks in the second quarter, with JP Morgan CEO Jamie Dimon warning that the strong environment...
SpaceX seeks bridge loan relief with mega bond issuance
SpaceX’s US$25 billion bond issuance, the first since its IPO on 12 June, was the largest corporate issuance of June – and surpassed sub-sovereign...
BondAuction closes
BondAuction has announced its closure, citing a lack of market adoption.
The platform was designed to improve transparency and efficiency in syndicated bond issuance and...
Bloomberg chases MarketAxess on IGB e-trading
Indian government bonds (IGBs) can now be traded electronically through Bloomberg.
MarketAxess was the first firm to offer IGB e-trading, launching the service last June.
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Denjean promoted at Natixis CIB
Marc Denjean has been promoted to global head of credit markets at Natixis Corporate and Investment Banking.
He is based in London.
Natixis reported €1.3 billion...
Abettan joins Citadel Securities in Paris
Rudy Abettan has joined the fixed income sales team at Citadel Securities. He is based in Paris.
Abettan has more than 15 years of industry...
FEATURES
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...
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...
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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Credit Spotlight
FROM THE ARCHIVES
Tackling the cost challenge in fixed income trading
In today’s highly competitive and cost-conscious fixed income market, small and medium sized institutions can struggle without the efficiencies of scale which large institutions...
E-trading ‘outpaced’ voice for some traders in liquidity crisis
The market has evolved valuable alternatives to traditional dealer liquidity.
Electronic trading was tested in the March 2020 sell-off, and it held up well. But, most...
Jefferies: Fixed income ETFs drive transformation of the market
The impact of exchange-traded funds (ETFs) on the fixed income market cannot be overstated, agreed speakers at Jefferies’ ‘New Investing Frontiers – Explore the...
Fed: No bond ETF fees for BlackRock; JP Morgan still AWOL
Under the new Federal Reserve asset purchasing programme, BlackRock, the asset manager which is acting as the trading function for the programme, will charge...
The Atlantic divide over high yield – is private credit biting?
Issuance of USD versus Euro high yield debt shows a significant split, based on Dealogic data, with US markets in 2024 issuing more than...
FILS 2022: Deferral times priority for consolidated tape plans – EC’s Lueder
Plans for a consolidated tape for fixed income markets in Europe hinge on the “urgent priority” of harmonising post-trade publication windows – keeping them...
SEC classifies HFT liquidity providers as “dealers”
US markets regulator, the Securities and Exchange Commission (SEC), has adopted two rules that require market participants who engage in certain dealer roles, in...
EBA publishes market risk and transaction determination standards
The European Banking Authority’s (EBA) has published the final draft regulatory technical standards (RTS) on how to identify the main risk driver and determine...
Buy side hails positive development of STP for bond issuance
Risk warning lights flashing on buy-side trading desks could be assuaged thanks to industry collaboration on primary markets.
It seems incongruous that the 50-year old...
Strazzella joins Clear Street
Rocco Strazzella has joined Clear Street as managing director of trading. He is based in New York.
Last month, clearing and custody provider Clear Street...
Bond-trading broker-dealer charged for allegedly bankrupting firm
The Securities and Exchange Commission (SEC) has charged Keith Wakefield, a former managing director and head of fixed income trading at IFS Securities, an...
CME Group expands credit suite as hedge demand grows
CME Group has begun trading high yield duration-hedged credit futures, based on Bloomberg corporate bond indexes.
The futures include an intercommodity spread with US Treasury...























































