Lynn Challenger: Riding out historical volatility
UBS AM’s trading team is designed to engage by choice, not necessity, allowing it to move in heavily directional markets for the advantage of...
Under the skin of new US crossing rules
Crossing trades internally would have saved US investors many millions in March. Dan Barnes reports.
US market regulator the Securities and Exchange Commission (SEC) is...
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...
China’s bond futures add to liquidity from index inclusion
Still fighting for the depth of US and Japanese bond markets, China’s liberalisation of derivatives trading bodes well for market liquidity. Lynn Strongin Dodds reports.
After almost...
Data’s weakness in March crisis accelerates calls for European tape
Where European bond market infrastructure has lagged behind US, traders – and therefore investors – have suffered.
From a promised age of enlightenment, many traders...
How UBS Bond Port gives traders greater control during market stress
Traders were empowered by electronic execution in the sell-off thanks to market innovation. The DESK speaks to Graham Cox and Nicolas Masso, Global Co-Heads of UBS Bond Port.
How...
Seeing through the pricing mirage
Traders and PMs found real value in using axes over onscreen prices during the recent liquidity crisis.
Neptune’s streaming of dealer axes continues to grow in value...
March sell-off has driven a longer-term shift towards all-to-all trading
Buyers and sellers were successfully finding opportunities in all-to-all trading as traditional liquidity tightened. Does that herald a permanent shift in behaviour?
All-to-all trading came...
In volatile European bond markets, data remains king
In times of rapid change and great uncertainty, market participants turn to data. But how can they ensure they have access to the information...
Can greater automation throw the industry a much-needed lifeline?
Vincent Kilcoyne, EVP, Product Management, at SmartStream Technologies assesses the impact of the coronavirus pandemic on the future of banking.
The coronavirus pandemic has had...
