Tag: MarketAxess
High yield bond issuance relative to liquidity
A report by the Association for Financial Markets in Europe (AFME) has found that primary issuance of European high yield (HY) bonds in 2023...
Volumes drop off as Q1 ends, but liquidity still cheap
A broad decline of trading volumes across European & US corporate bond and emerging market debt trading coincided with end of the first quarter...
The Tenth Annual Trading Intentions Survey
Key parts of bond market electronification are still up for contention, with stiff competition across pre-trade, primary and secondary market services.
In 2024 The DESK...
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...
What is driving down EM trading costs?
Analysis of trade size and bid-ask spread data from MarketAxess’s CP+ pricing feed and Trax market data, which tracks activity across markets, indicates that...
MarketAxess re-launches Mid-X in Europe
MarketAxess has relaunched its matching session solution Mid-X in Europe, after simplifying the fee structure.
Mid-X offers daily, fully anonymous, matching sessions at the firm’s...
Credit: January sees largest average daily notional for US corporate bonds
January 2024 saw the largest single volume day and largest average daily notional volume (ADNV) month ever for US corporate bonds.
$75 billion of investment...
Emerging markets trading costs threaten to rise
Emerging market bond traders will see trading costs rising as volumes begin to decline. According to MarketAxess data from its CP+ pricing tool and...
Bloomberg tops ESMA’s bond venue report for ISIN count in Q4...
The European and Securities Markets Authority (ESMA) has published its report on the highest volume traded for individual bonds, tracked by International Securities Identification...
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...
