Will liquidity shifts bend or break US Treasuries?
Disclosed trading and internalisation are increasing as liquidity is wrung out of dealers and electronic market-makers. Chris Hall reports.
As January’s storms ripped holes in...
MiFID II: Five concerns
Chris Hall explores the five primary concerns that credit traders have about MiFID II.
“MiFID II is not yet in force, but its impact is...
The Autonomous Trader
Separating the trading function from portfolio management is a painful exercise, but the benefits can be felt by the end investor. Dan Barnes reports.
Buy-side...
On The DESK : Nick Greenland : BNY Mellon Investment Management
Making the team.
Nicholas Greenland is managing director for APAC and EMEA, head of broker/dealer relationships for BNY Mellon Investment Management based in London. In...
On The DESK : Nick Cox : J.P. Morgan Asset Management
Nick Cox: Engaging a moving target
Nick Cox is the global head of fixed income trading at J.P. Morgan Asset Management, one of the largest...
Fed breaks silence on HFT in treasuries
Having opened the US government debt market to high-frequency trading, authorities now push market participants to “be good citizens”. Dan Barnes reports.
The Federal Reserve...
On The DESK : Gianluca Minieri, Pioneer Investments
The Greatest Concentration of Risk
Gianluca Minieri has been the global head of trading at Pioneer Investments since 2011, driving reform across trading operations, including...
Treasuries crunch: Sponging up Treasury liquidity
A considerable increase in trade failures, combined with falling volume and buy-and-hold strategies is creating a shallow market in US treasuries, making the October...
The Trading Intentions Survey 2015
The incumbent platforms lead the polls, yet clear and significant support is shown for new innovators.
The ‘Trading Intentions survey 2015’ was conducted across 24...
Technology : TCA in Fixed Income
Making up the numbers.
Regulatory changes that emphasise transparency are driving adoption of transaction cost analysis for bond trading, writes Sarah Spikes.
Transaction cost analysis (TCA)...