US credit sees elevated bid-ask spreads
Bid-ask spread remain elevated in US markets across investment grade and high yield, relative to January and February, according to MarketAxess Trax data, which...
Refinitiv report on fixed income trading finds strong appetite for automation
Refinitiv, part of the London Stock Exchange Group, and analyst firm Coalition Greenwich, have released a report on the evolution of trading in fixed...
Corporate Bond E-Trading 3.0: The drivers ahead
As electronic trading in the corporate bond market increases, those platforms and market participants who intend to be at the cutting edge of the...
Headache or opportunity?
The UK is carving out its own path in financial services. Gill Wadsworth assesses the divergent gameplan the government is developing.
In May 2022, the...
Why buy-side firms are building their own primary market tools
Interoperability is not a competitive issue; clients will build it if platforms do not supply it.
There is not a consensus on who should make the bond...
Eric Heleine leaves Groupama AM, joins AXA IM
Eric Heleine has joined AXA IM as head of electronic trading and data, effective 1 December. He reports to Yannig Loyer, global head of...
Rules & Ratings: Securitisation reforms “stifling” for CLOs, LMA says
The Loan Market Association (LMA) has struck back at the Financial Stability Board’s (FSB) positive initial assessment of post-2008 securitisation reforms, stating that the...
Latest ESMA data shows 439 liquid bonds
The European Securities and Markets Authority (ESMA) has made available new data for bonds subject to the pre- and post-trade requirements of the Markets...
MarketAxess reports record revenue in 2021
Bond market operator MarketAxess saw total revenues for 2021 increase 1.4% to a record US$699 million, compared to US$689.1 million for 2020. Operating income...
Wave Labs’ eLiSA successfully executes first ever trade with Groupama Asset Management
Wave Labs, a provider of credit execution solutions, has successfully executed its first ever trade on its Electronic Liquidity Seeking Application (eLiSA) with Groupama...
FIX issues guide for MiFID II reporting of bond trades
By Flora McFarlane.
FIX Trading Community, which sets the messaging standard for trading messages sent between buy-side and sell-side firms, has published the final Recommended...
The technology behind price making
Lynn Strongin Dodds canvasses the market to see who is willing to pick up the gauntlet in Europe.
If dealers are trading less, they are...
