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
KfW issues first benchmark bond via Deutsche Börse’s digital D7 platform
German bank KfW has issued its first high-volume benchmark bond as a central register security according to the German electronic securities act (eWpG) with...
Treasuries crunch: Sponging up Treasury liquidity
A considerable increase in trade failures, combined with falling volume and buy-and-hold strategies is creating a shallow market in US treasuries, making the October...
Oliver Price joins Bank of America
Oliver Price has joined Bank of America as a GBP swaps trader in London.
Bank of America reported increased revenues for the fixed income, currencies...
TS Imagine and IHS Markit partner in European fixed income data
TS Imagine, the cloud-based multi-asset order and execution management system (OEMS) provider and IHS Markit have partnered to allow the OEMS TradeSmart platform, in...
MarketAxess: Portfolio Trading for Tax-Exempt Munis is now live
Portfolio Trading for Tax-Exempt Munis is here!
Optimize your list trading for large or customized portfolios. With the ability to negotiate on individual line...
Barclays: Portfolio trading 8% of US credit market volume
Barclays has conducted new analysis into portfolio trading of corporate bonds, estimating the trading protocol now makes up 8% of US credit trading.
The firm...
November gives Tradeweb its second highest month’s ADV ever
Market operator Tradeweb has reported today total trading volume for November of US$18.7 trillion across its electronic marketplaces for rates, credit, equities and money...
Missing liquidity – Zen and the art of liquidity maintenance
Regulators cannot find the liquidity problem that traders see daily, threatening to set rules for game ‘A’, when game ‘B’ is played out in the markets. Chris...
BlackRock and Standard Chartered make first India trade on MarketAxess
BlackRock and Standard Chartered have executed the first trade on MarketAxess’s Indian government bond (IGB) electronic trading solution.
MarketAxess became the first firm to offer...
Implication of US bank downgrades on credit markets
Markets are truly feeling the economic pressures at present, with Moody’s downgrade to US financials on Monday following Fitch’s controversial downgrade of the US,...
SEC pushes back “unreasonable” broker-dealer compliance deadline
The Securities and Exchange Commission (SEC) has pushed back the compliance date for amendments to its broker-dealer customer protection rule (15c3-3).
The amendments will now...
SSGA: Treasuries, convertibles and EM on the cards for 2019
By Vineet Naik.
State Street Global Advisors (SSGA) is predicting that US Treasuries, convertible bonds and emerging market (EM) debt will see increased investment in...
