MarketAxess launches centralised marketplace with integrated rates trading
Electronic bond market operator, MarketAxess, has launched a centralised fixed income trading marketplace integrating rates trading capabilities within the MarketAxess trading system.
MarketAxess acquired government...
Bloomberg changes pricing model for fixed income trading – globally
Bloomberg is radically changing its charging model for fixed income trading. It is to apply fees for fixed income trading across its venues in...
Bloomberg: No charge for buy-side fixed income trading
Bloomberg has quashed rumours that buy-side traders are to be charged for fixed income trading in 2021. Buy-side traders had reported to The DESK...
Exclusive: MarketAxess trials new mid-point session protocol Mid-X
On Tuesday, MarketAxess ran the first session of a new mid-point matching tool, Mid-X, with over 50 participants. The new trading protocol is session-based...
Market reports: Algomi to be acquired
Market reports are that pre-trade data provider Algomi will be bought by interdealer broker BGC. Stu Taylor, formerly the CEO of Algomi, joined BGC...
Deutsche Bank launches new FIC coverage model
Deutsche Bank has set up a new coverage model for its fixed income and currencies (FIC) sales team, intended to be more tailored to...
Office of Financial Research: Treasury basis trades could pose systemic risk
A new paper from the Office of Financial Research (OFR) has cast doubt on the idea that basis trades increased the lack of liquidity...
Analysis: Electronic trading across US and European bond markets
Electronic trading of US credit erupted in May 2024, according to analysis of the US credit market by Coalition Greenwich. It found that investment...
Reform of TRACE reporting urged as portfolio trading rises
Portfolio trading, in which baskets of securities are exchanged with bank in single deals, has been growing in popularity as it gives certainty over...
SGX, Trumid and Hillhouse Capital to launch new Asian bond trading platform
Trumid, Singapore Exchange (SGX) and Hillhouse Capital have formed a joint venture, XinTru, to better support liquidity and execution in the Asian bond market...