MARKET NEWS
Bissett-Johnson promoted at Deutsche Bank
Oliver Bissett-Johnson has been named head of EMEA ASL fixed income trading at Deutsche Bank. He is based in London.
Deutsche Bank reported €2.9 billion...
Muni e-trading hits surprise Q1 record
E-trading in municipal bonds was up 2 percentage points year-on-year (YoY) in Q1 2025, representing 20.6% of the market – beating the previous record...
Broadridge’s DLR grows at slower pace in April
Broadridge’s distributed ledger repo (DLR) saw average daily volumes reach US$368 billion, up 268% year-on-year (YoY) and almost 4% month-on-month (MoM).
A total US$7.7 trillion...
Vounakis leaves Mizuho
Mizuho’s head of credit trading, Aristo Vounakis, has left the firm.
For the nine months ended 31 December 2025, Mizuho reported US$4.1 billion in trading...
Sutherland replaces Hornby at Schroders
Lisa Hornby has left Schroders after almost 16 years with the company, most recently serving as head of US fixed income.
As of year-end 2025,...
Barclays swats away volatility with Q1 FICC trading results
There are two rivalries in European banks’ fixed income trading revenues. Barclays and BNP Paribas are the heavyweights, sitting in the €1-2 billion bracket,...
FEATURES
Eurex sees lit credit future liquidity migrate to dark
The Bloomberg / Eurex credit futures conference in mid-January 2026 had all seats taken and attendees standing in the aisles. That bursting enthusiasm was...
Human battles machine in JGB market
Participants say electronic trading of Japanese government bonds has reached an inflection point, but others counter that the death of voice trading has been...
Credit futures see OI and ADV increase more than sevenfold YoY
The adoption of credit futures as a mainstream credit trading vehicle is broadening across venues and currencies: US$ 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
Russell Feldman named CEO of IMTC as it raises new funding
IMTC, a provider of fixed income investment management technology, has secured its first external funding round, which was led by Nyca Partners. This investment...
FTSE Russell weighs country accessibility for fixed income traders
FTSE Russell, the index and data firm, is introducing a country classification process for fixed income. The newly introduced fixed income framework, which is...
FINBOURNE completes Series B funding round
FINBOURNE Technology has raised £55 million in Series B funding, led by Highland Europe and AVP. The firm remains majority employee owned.
The results follow...
SGX, Trumid and Hillhouse Capital to launch new Asian bond trading platform
Trumid, Singapore Exchange (SGX) and Hillhouse Capital have formed a joint venture, XinTru, to better support liquidity and execution in the Asian bond market...
ADDX launches blockchain-based debt issuance marketplace
Private market exchange ADDX has launched a blockchain-based multi-issuer debt issuance solution for firms to issue digitised commercial paper and bonds.
The digitised bonds from...
MarketAxess expands BlackRock partnership Aladdin OEMS integration
MarketAxess is set to expand its decade-long partnership with BlackRock, integrating its credit trading protocols, pricing and data into BlackRock’s Aladdin order execution management...
State of the market: Analysis of the platform landscape
Consolidation of the market continues, yet there are clear areas of growth in 2020.
In the corporate and government bond trading space for dealer-to-client trading, the...
Credit Agricole, R. Seelaus & Co. and Siebert Williams Shank join DirectBooks
Credit Agricole Corporate & Investment Bank, R. Seelaus & Co. and Siebert Williams Shank have joined the primary bond market platform operator DirectBooks. The...
Coalition Greenwich predicts electronic revolution for the MBS market
A new study by Coalition Greenwich analyst Audrey Costabile posits that Mortgage Backed Securities trading will electronify over the next five years. Along with...
IRS electronification: 20 years in the making
With the 20th anniversary of Tradeweb’s interest rate swaps (IRS) marketplace around the corner, the firm’s head of US institutional Rates, Bhas Nalabothula, looks...
Profile : Paul Squires : Navigating uncharted territory
Paul Squires, Head of the EMEA Equities and Henley Fixed Interest dealing teams at investment management company Invesco discusses the benefit of experience, the...
Mitsubishi HC Capital UK raises €60m on TreasurySpring with first sustainable fixed-term fund
Mitsubishi HC Capital UK, a provider of consumer lending, asset finance and vehicle leasing, has borrowed more than €60 million on TreasurySpring’s platform by...
