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...
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...
CME Group announces Q4 2022 launch of European Overnight Index Futures
Derivatives marketplace operator, CME Group, has announced it will launch European Overnight Index futures based on RepoFunds Rate (RFR) benchmarks and the Euro Short-Term...
Deming joins CalPERS from Allianz GI
Amy Deming has been named investment director with responsibility for investment controls and operational risk at California Public Employees Retirement System (CalPERS), the US...
FILS USA: The significance of portfolio trading breaking 10% volume
Record sized portfolio trades (PT) were reportedly responsible for pushing PT volumes up to around 10% of US credit market average daily volume in...
U.S. Credit Trading Q&A: Jim Kwiatkowski, LTX
Jim Kwiatkowski was named CEO of LTX, Broadridge Financial Solutions’ artificial intelligence (AI)-driven digital trading business, in November 2022. Markets Media caught up with Jim to learn more...
Science vs. art: Where TCA adds value in fixed income
Picking the right transaction cost analysis methodology might improve best execution, but qualitative assessment must balance the quantitative, writes Flora McFarlane.
MiFID II obliges buy-side...
SEC report on algo trading highlights lack of joint oversight
US markets regulator the Securities and Exchange Commission (SEC) has published a report to the US Congress on algorithmic trading in US debt and...
Can primary markets deflate?
Inflation levels could have a direct impact on volume of work – and therefore operational pressure – on buy-side trading desks.
Managing the process of...
Technology : How smart is dealer AI? : Dan Barnes
Can artificial intelligence boost broker-dealers’ client coverage?
Simple automation will not work for complex bond markets; tools that learn to find patterns are needed...
The evolution of an IDB
TP ICAP has assembled a team of diverse talents including cadres of former Newedge and UBS colleagues amongst the employees of Tullett Prebon, ICAP,...
FILS USA 2022: Following a difficult start to the year…
The Fixed Income Leaders’ Summit (FILS) USA will this year begin after a period of difficult liquidity in bond markets.
MarketAxess data showed trading volumes...