Emerging markets see liquidity costs decline
The cost of liquidity in emerging markets appears to be falling for fixed income traders. Looking at MarketAxess’s CP+ consolidated price feed, and cross-referencing...
Bid-ask spreads see double-digit tightening in early 2025
Analysis of MarketAxess’s CP+ data, which analyses composite trading costs based on traded bonds, has found that bid-ask-spreads have tightened by double digit percentages...
Discussions between TP ICAP and Neptune reported
Multiple market sources have reported that discussions between pre-trade data provider Neptune and TP ICAP, the multi-asset trading, interdealer broker and data services firm,...
Rules & Ratings: Understanding gaps between credit risk data and credit ratings
While credit ratings underline investor confidence and evaluation of debt products, credit risk data can potentially offer a more nuanced source of information for...
Under pressure
Secondary markets trading has seen a net trend towards tighter bid-ask spreads for trading across all corporate bond segments in US, Europe and emerging...
Dealers face crunch on platform trading costs
As bid-ask spreads tighten and fees rise, dealers question making markets in credit.
It does not take a quant to understand that tighter bid-ask spreads...
Falling costs of liquidity not halted by summer vol
The bid-ask spread for corporate bond markets has continued on a downward trajectory in September, after a bump in August, according to data from...
Sustainable bond issuance now 12% of total market
A report co-authored by Nicholas Pfaff, Valérie Guillaumin, Simone Utermarck, Ozgur Altun and Stanislav Egorov of the International Capital Markets Association (ICMA), has found...
Meet the consolidated tape contenders
Europe’s development of a consolidated tape for trading data now has clear front runners, and benefits.
Three firms have confirmed they will compete to be...
Country focus: India’s bond markets in an election year
India has an upcoming election on 19 April, which the governing Bharatiya Janata Party (BJP), led by incumbent Prime Minister Narendra Modi, is widely...
