S&P Global Market Intelligence: Bonding with style investing: value and momentum in corporate bonds
Style investing is not just for stock investors. As ‘smart beta’ becomes more popular in other asset classes, investors want to know, “What’s been...
The Atlantic divide over high yield – is private credit biting?
Issuance of USD versus Euro high yield debt shows a significant split, based on Dealogic data, with US markets in 2024 issuing more than...
Derivatives: Buying the benchmark
By Fred Maple.
As ownership of fixed income indexes changes, buy-side traders are cautious of the impact. Fred Maple reports.
Three major purchases of fixed income...
Trumid gains 71% increase in ADV and US$208 million financing
Bond trading platform Trumid has completed a new US$208 million financing led by Point Break Capital Management, a private investment firm with roots in...
Internal crossing for US bond trading needs ‘principles-based’ approach
Buy-side firms have roundly supported Securities and Exchange Commission (SEC) proposals to allow internal crossing of fixed income trades in the US market, however...
Less distressed debt
The risks of default in high yield credit are one reason cited for reduced sell-side trading activity in the asset class. However, while the...
Viewpoint : Technology for OFTR securities : Susan Estes
Time to awaken the sleeping giant
Susan Estes, Co-Founder, CEO & President of OpenDoor Securities
The tripling in size of the US Treasuries market over the...
Tradition takes over BondsPro as MTS leaves US market
MTS, the European bond trading platform majority-owned by Euronext, has completed the sale of its US subsidiary MTS Markets International to Tradition America Holdings,...
Fed begins buying corporate bonds
The Federal Reserve Board has announced the Secondary Market Corporate Credit Facility (SMCCF), will begin buying a corporate bonds to support market liquidity and...
Central Banks should backstop hedge funds arbitraging the basis trade, new Brookings Paper suggests
A research paper to be presented at the Brookings Papers on Economic Activity (BPEA) conference on 28 March, argues that central banks, particularly the...
Emerging Markets Focus Part 2: Illiquidity in numbers
When investment flows are heavily directional it can make trading more challenging, as most investment firms are selling into a downward market or buying...
The right way to trade credit
Of course, there is no right way to trade all credit, but there are clearly advantages in trading credit in such a way that...
