AFME confirms HY deals on par with pre-Covid levels
In a new report on high yield (HY) bonds and leveraged loans, the Association of Financial Markets in Europe (AFME) has found that since...
November gives Tradeweb its second highest month’s ADV ever
Market operator Tradeweb has reported today total trading volume for November of US$18.7 trillion across its electronic marketplaces for rates, credit, equities and money...
Bloomberg launches RMB-denominated Liquid China Credit Index
Bloomberg has launched the Bloomberg Barclays Liquid China Credit (LCC) Index, designed to track the liquid, tradable portion of the RMB-denominated credit bond market....
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...
Trumid launches emerging markets trading
Fixed income market operator Trumid, has launched emerging markets bond trading on its Trumid Market Center platform.
Market Center connects fixed income professionals to a...
Morgan Stanley: Fed buying programme has benefits beyond direct purchases
Analysis of the Federal Reserve’s Secondary Market Corporate Credit Facility (SMCCF) by Morgan Stanley analysts has found that its purchases of exchange traded funds...
S&P Global Ratings: European credit spreads still wide
In its latest ‘Europe Credit Markets Update’, S&P Global Ratings has painted a grim picture for European borrowers, notably in the high yield space,...
Greenwich: Buy-side traders rate counterparties by data, not friendship
Relationships are becoming less important when buy-side traders are deciding which counterparties to trade with, as data on previous trading activity takes on a...
Harrington joins Columbia Threadneedle
Marc Harrington has been appointed as senior fixed income trader at Columbia Threadneedle Investments. Harrington’s carrier as a buy-side bond trader, last saw him...
Fed’s Treasury Market Practices Group sheds light on March liquidity crisis
Minutes of the 31 March meeting of the Federal Reserve’s Treasury Market Practices Group (TMPG), including an update on a 19 March call between...