Mizuho and Credit Suisse join DirectBooks
DirectBooks, the capital markets consortium developing bond issuance technology to increase primary market efficiency has announced that Mizuho and Credit Suisse have joined its...
Bond Origination Technologies set to launch early 2021
Bond Origination Technologies (Bots), a London-based financial technology start-up for the primary debt capital markets (DCM), has completed its latest fundraising round, formed its...
DirectBooks launches platform for issuance of US corporate bonds; European expansion on cards
DirectBooks, the sell-side consortium founded to increase efficiency in the bond issuance process, has launched its core service to try and simplify communication of...
Buy-side fights back against primary market pressure
As new platforms promise to increase efficiency in bond issuance, buy-side firms are looking for leverage to drive change, and not only through technology.
The...
AXA IM: Credit downgrades increases concentration and liquidity risk in index investment
A decrease in the average credit quality of fixed income indices and intensifying competition for high quality assets present increasingly serious challenges for UK...
TMPG: US Treasuries supply may strain market makers; Fed guidance a concern
Newly released minutes from the Federal Reserve’s Treasury Market Practices Group, an industry-led advisory body on market structure and trading, has indicated concern about...
EM debt funds on a winning streak for inflows
According to Morgan Stanley analysis, emerging market (EM) debt funds have seen eight weeks of inflows over the summer period, representing the longest streak...
Buy side issues framework to standardise bond issuance
The Credit Roundtable, a buy-side lobby group for bondholder protection has issued an ‘Investment Grade Primary Best Practices Framework’ designed to improve bond issuance.
The...
Liquidnet launches primary bond market offering as buy side demands innovation
Block-trading specialist Liquidnet is launching into the primary market technology space. Its new electronic solution, Liquidnet Debt Capital Markets (DCM), is focused on new...
DirectBooks names team and launches advisory committee
DirectBooks, a sell-side consortium designing systems for the primary bond market, has named Yvonne Wang as chief operating officer, and Christopher Rodriguez as global...