Juggling the growth in CUSIPs
If the population of a country increased by 50% since 2014, you would think a housing crisis was likely.
Yet in the year The DESK...
Over stimulating?
The biggest new-issue news over the past week has been the biggest ever European stimulus package – the NextGenerationEU (NGEU) recovery plan – and...
The high impact of low volumes in Q2
Volumes in US investment grade (IG) bonds have fallen significantly in the second quarter of this year compared with the same period in 2020....
Tangible returns from bond trade automation
Adoption of automated trading continues apace across several bond markets and within different grades of instrument. Gareth Coltman, global head of automation at MarketAxess,...
Sub-2bps bid-ask spreads in US IG are below pre-crisis levels
The US investment grade (IG) credit market is seeing very tight bid-ask spreads in 2021, according to the Composite Plus (CP+) data supplied by...
New EM issues make relationships matter
Buy-side emerging markets (EM) traders will be bonding well with their banks and brokers this year to make sure they are getting a slice...
MarketAxess: The Open Trading inquiry orderbook
The Open Trading inquiry orderbook - An untapped source of liquidity insight
By David Krein, Chisom Amalunweze | 27 May 2021
Highlights
Inquiries available for Open...
Chart of the week: Trading into Europe
Following our analysis of when to trade into US markets, we examine spreads for European rates markets across the day. For overseas traders working...
Chart of the week: Get in early
Access to primary bond markets has been a headline topic for buy-side traders over the last four years. As issuance volumes have grown, rising...
Chart of the week: When trading into the US, when should I trade?
Timing is everything in the markets, but not every market shares the same timing. It is common for trading desks to employ a trader...