European HY bond issuance saw 45% increase in 2023
High yield bond issuance reached €66 billion in 2023, up from €45 billion in 2022 which had been a record low.
The findings come...
European investment grade seeing smaller, cheaper trades
European investment grade bond traders are seeing a falling bid-ask spread, and a rising trade count since the start of 2024, according to MarketAxess’s...
Coalition Greenwich: US Treasury e-trading volumes hit record in February
US Treasury volumes saw an average daily notional value (ADNV) of US$918 billion in February 2024, Coalition Greenwich’s March Data Spotlight has reported, up...
Coalition Greenwich: Electronic bond trading rises in US IG, declines in high yield
The use of electronic trading in corporate bonds will continue to increase, Coalition Greenwich’s March Data Spotlight has stated.
Electronic trading activity grew faster than...
SGX anticipates Japanese growth with STIR futures
Singapore Exchange (SGX Group) plans to introduce short-term interest rate futures related to the Tokyo Overnight Average Rate (TONA) and the Singapore Overnight Rate...
Hargreaves Lansdown offers retail investors access to gilts in primary market
Hargreaves Lansdown is giving its clients access to Debt Management Office (DMO) Gilt auctions.
Tim Jacobs, head of primary markets, Hargreaves Lansdown, says, “This...
Bond market venues tussle over market share amid volumes surge
Fixed income trading venues have reaped the rewards of rising trading volumes, but a highly competitive landscape is having an impact on market share.
Market...
FILS USA: How can high yield be traded efficiently in a risk off environment?
Banks are stepping back from taking risk in high yield trading. Trading in a risk-off environment in normal circumstances can be challenging as spreads...
Does this year start with the smallest trades ever?
Trading activity in European bond markets at the start of 2024 has had the highest trade count of the past three years by some...
Citadel Securities’ new hires are reinforcing US credit market expansion
Citadel Securities has seen a spate of hirings on its credit trading teams in January 2024, supporting its expansion into the corporate bond space...