Is US investment grade market-making starting to fray?
In US credit, mean bid/ask spreads are skewing upwards from the median, indicating that a greater proportion of larger spreads are in some cases...
Trading for Trees: Giving back through trading green bonds
Since its inception, the MarketAxess “Trading for Trees” initiative has helped to plant over 385,000 trees across a range of biodiversity, climate stability and...
Value and issuance in European credit
Outflows in European bond funds are following a drop in the relative value of European credit, as shown in data from the IHS Markit...
European trading strained in high yield
Comparing European high yield (HY) and investment grade (IG) corporate bond data from MarketAxess, the pressure for traders and investors in high yield markets...
Case Study – BlueCove’s expansive view of fixed income markets
BlueCove’s expansive view of fixed income markets.
Recognising the need for smarter ways to assess market dynamics and connect with pools of liquidity, BlueCove has been...
Will primary market tools fragment new issuance instead of standardising it?
Research by The DESK has found that buy-side traders have adopted a range of primary market tools to help them increase their efficiency at...
The cost of liquidity in EM today
A very graphic representation of the cost of liquidity can be seen in the latest data from MarketAxess. It shows that average daily volume...
The Trading Intentions Survey 2022
New platforms and late bloomers are all seeing greater interest.
This year buy-side desks have a renewed vigour for investing in trading tools, with far...
What FINRA’s trade reporting changes tell us about consolidated tapes
Understanding the difference between commercial and public data offerings is crucial for data users. A good example of this difference can be found with...
How the effects of war are spreading in Asia
The war in Ukraine outside of Europe is, from a capital markets perspective, driving a ‘risk-off’ attitude across issuers, buy-side and sell-side firms. As...