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...
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...
FILS USA: The three fierce battles for credit e-trading market share
Electronic trading in US fixed income is hotly contested between Bloomberg, MarketAxess, Tradeweb and Trumid all competing for market share of trading cash bonds...
The pros and cons of record issuance
Bond markets typically see increased liquidity around a bond shortly after it is issued. However, this does not mean that markets are automatically more...
High Yield issuance is taking off
Comparing corporate bond issuance volumes for 2023 and 2024, we can see that the pattern is frequently a high start to the year, with...
Bigger / smaller: What sizes are optimal for electronic trading?
Credit trading has been transformed by evolving electronic execution, which has allowed buy-side desks to express investment ideas in to the market using more...
Eurex, Clearstream, VERMEG to broaden access to pan-European liquidity pool
Eurex has partnered with Clearstream and VERMEG, provider of the Eurosystem Collateral Management System (ECMS), to expand the use of collateral of its leading...
The credit trading processes you really should have automated by now…
Automation has historically been highly challenging in corporate bond markets for several reasons, but traders say some parts of the workflow ‘ought’ to be...
Jefferies moves into outsourced fixed income trading with Siegel hire
Industry veteran Jory Siegel has joined Jefferies as head of fixed income outsourced trading, from Marex.
Siegel was previously managing director and head of fixed...
MarketAxess industry viewpoint
Comparing portfolio trading and list RFQ TCA
By Gio Accurso, Grant Lowensohn and Jessica Hung, MarketAxess
Highlights and objectives
The MarketAxess Research team investigates any key...