Tag: MarketAxess
Market structure: Is e-trading plateauing?
The overall pace of bond market electronification is slowing, but trading evolution is not linear.
Electronic trading has grown as a proportion of total trading,...
Electronic credit platforms report fresh rises in trading volumes for March...
Electronic bond market operators saw a new boost to volumes in March, and in the first quarter more broadly, as volatility in capital markets...
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...
Research: Trading Intentions Survey 2023
Major platforms show stable leadership in corporate bond trading
Some notable changes in results this year also reflect a change in demographics from respondents. This...
The liquidity gap between 144A and Reg S bonds
144A and Regulation S (Reg S) securities have distinct regulatory backgrounds and key differences. Liquidity measures such as Bid-Ask spread and post-issuance volumes in...
Viewpoint: MarketAxess to increase automation with Adaptive Auto-X
MarketAxess is aiming to initially launch Adaptive Auto-X in the first half of this year to provide clients with algorithmic workflows and allow them...
US liquidity costs spiked more violently than in Europe
Bid-ask spreads have widened massively in recent weeks, according to MarketAxess CP+ data, with the price in US investment grade nearly doubling in the...
AT1 trading volume was elevated a week ahead of Credit Suisse...
Trading in AT1 bonds spiked on Monday 20th March as a result of the Credit Suisse rescue at the weekend, with one platform trader...
The week in summary: Credit Suisse; fixed income liquidity; ‘Who died?’
This week has been very challenging for buy-side trading desks as broker-dealers struggle to price bonds, and uncertainty gripped markets.
“I was off Monday, came...
E-trading platforms see booming credit volumes
Trading platforms have reported a bumper month in February for credit trading. Multi-asset market operator Tradeweb has reported total trading volume for February 2023...