Buy side hails positive development of STP for bond issuance
Risk warning lights flashing on buy-side trading desks could be assuaged thanks to industry collaboration on primary markets.
It seems incongruous that the 50-year old...
Jupiter AM: Training to trade against heavyweight rivals in fixed income
Jupiter Asset Management has trained its trading team on data and analytics in order to beat its rivals to the punch when finding liquidity...
Systematic credit trading changes the buy/sell-side dynamic
An investment manager capable of making a price in less than a minute in Europe, or several minutes in the US, can be a...
Trading protocols: The pros and cons of getting a two-way price in fixed income
Getting a two-way price is unusual in fixed income trading, but normal in FX; that is changing and yielding some real results for best...
Why buy-side firms are building their own primary market tools
Interoperability is not a competitive issue; clients will build it if platforms do not supply it.
There is not a consensus on who should make the bond...
Research reveals deep divisions in trading style set by AUM and geography
Larger firms are able to take advantage of more bespoke trading opportunities, but location matters.
The DESK’s latest trading protocols research has found that the...
On The DESK: Divide and conquer
The DESK interviews the team delivering continuous management of trading, for the world’s largest collective assets under management.
• Dan Veiner is Co-Head of Global...
Coalition Greenwich: Opportunity to electronify block bond trades is huge
Analyst firm, Coalition Greenwich, has found that block trades in the US bond market, defined as trades in investment grade (IG) with a notional...
Analysis: Impact of diverging capital rules and higher rates on banking
A new paper by analysts from Morgan Stanley and Oliver Wyman has identified two main drivers for change within wholesale banking over the next...
US Treasuries lost its ‘sell-side’; can clearing and capital rules revive it?
Market participants report the current proposals by the US Securities and Exchange Commission (SEC) to centrally clear trades in the US Treasuries market are...
