Dealer-to-client

MarketAxess Q1 revenue up 36%; reports on US spreads

Bond market operator MarketAxess has seen revenues for the first quarter of 2020 increase 36% to US$169 million, up on the US$124.5 million it...

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...

Trumid partners with Barclays

Bond market operator, Trumid Financial, has established a strategic partnership with Barclays. Barclays will join Trumid’s Trading Advisory Committee to collaborate on trading and...

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...

IHS Markit: Investor Access doubles investor use

By Pia Hecher. Information and analytics provider IHS Markit announced that 320 investment firms are participating on its Investor Access platform. The number of buy-side...

Federal Reserve group issues credit risk warning over US Treasuries trading

By Pia Hecher. The Federal Reserve’s Treasury Market Practices Group (TMPG), which discusses issues in the US government bond market, has said that firms are...

GreySpark: Single-tier fixed income markets on rise

Consultancy GreySpark has found a clear shift in the fixed income market towards single-tier electronic venues, as a result of regulatory changes and greater...