Flow Traders: Algos supported 20% of bond flows in 2022
A new white paper from exchange traded fund (ETF) market maker, Flow Traders, estimates that in the past two to three years, credit algos...
Do banks want credit trading to look like FX?
The end game of market making commoditisation is that a smaller number of players provide a vast volume of liquidity to the majority of...
The changing liquidity picture for fallen angels and rising stars
When a company has its credit rating adjusted, the impact on bond liquidity is not entirely predictable. In a changeable rate environment as seen...
Tradeweb’s October volumes reflect turbulence in European and US markets
Tradeweb, the market operator across rates, credit, equities and money markets, has reported an average daily volume (ADV) for the month of US$1.05 trillion,...
Credit Spotlight: How clear can pre-trade get?
Pre-trade transparency is a nirvana for over-the-counter markets, particularly corporate bond trading, which lack the publicly displayed prices of the exchange-traded market.
Unless it...
Best practice in credit TCA measures
The need to optimise execution quality is increased as buy-side firms seek to optimise all-to-all trading, and therefore price making, in credit. Transaction cost...
Candriam promotes bond chief to CIO
Candriam, the global multi-asset manager has appointed Nicolas Forest, Candriam’s global head of fixed income since 2013, as its new chief investment officer (CIO),...
Decision trees (and how to climb them)
Making the working lives of credit traders better is The DESK’s mission. Traders are time poor, and systematising trading allows them to free up...
Oppenheimer & Co adds three MDs to IG sales team
Oppenheimer & Co has hired Perren Thomas, Dennis Megley and Mike Henneberry onto its investment grade (IG) desk. Each will serve as managing directors...
U.S. Credit Trading Q&A: Jim Kwiatkowski, LTX
Jim Kwiatkowski was named CEO of LTX, Broadridge Financial Solutions’ artificial intelligence (AI)-driven digital trading business, in November 2022. Markets Media caught up with Jim to learn more...