Balancing short and long term liquidity provision
Best execution on a trade-by-trade basis is too simplistic a measure of liquidity provision; The DESK looks at best practice for longer term liquidity...
Coalition Greenwich: US Treasuries trading up 46% YoY in January
“The more the US government borrows (US$2.6 trillion in January), the more US Treasury traders trade.”
This activity, according to Coalition Greenwich’s Kevin McPartland, is...
Credit: January sees largest average daily notional for US corporate bonds
January 2024 saw the largest single volume day and largest average daily notional volume (ADNV) month ever for US corporate bonds.
$75 billion of investment...
The new normal: Top 2024 market structure trends
A new report from Coalition Greenwich outlines the trends set to define markets in 2024, with insights gleaned from clients and ongoing research.
Dan Connell,...
The big changes to watch in fixed income market structure through 2024
Next year will bring new developments in market structure, stemming both from regulatory and political change. The DESK asked Jennifer Keser, head of market...
A wild ride: Tradeweb’s Hult reviews the bond market in 2023
Historic interest rate moves, a debt ceiling stalemate, major bank collapses and massive geopolitical instability. These mega events sent shocks through the markets in...
Exclusive: Stacey Parsons joins PrimaryBid
Capital markets technology firm, PrimaryBid, has appointed Stacey Parsons as managing director and head of fixed income. Parsons’ appointment is expected to accelerate PrimaryBid’s...
Market Structure: New risk and liquidity in the US Treasury market
Significant changes in counterparties and market structure have transformed US Treasury market activity.
Dealer-to-client trading has overtaken interdealer markets in volume traded according to analyst...
Market structure: Is e-trading plateauing?
The overall pace of bond market electronification is slowing, but trading evolution is not linear.
Electronic trading has grown as a proportion of total trading,...
Market structure: The alternatives in market making
The DESK profiles five of the major electronic liquidity providers.
Given the strains on market making in fixed income, it is vital that buy-side desks...