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...
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...
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...
Lipper: Bond funds come roaring back (with Fed’s help)
Refinitiv Lipper has seen a bounce back for bond funds in Q2 2020 after they suffered losses of -4.3% and outflows of US$208.9 billion...
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...
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...
Fed begins buying bond ETFs
The Federal Reserve Bank of New York has begun to buy fixed income exchange-traded funds (ETFs) via its Secondary Market Corporate Credit Facility (SMCCF)....
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...
