Tag: MarketAxess
What is crushing the bid-ask spread in US IG?
The bid-ask spread in US investment grade credit has been falling this year, regardless of the trading volume activity.
Notional traded in the US...
Trading: Loans and ABS: The fixed income markets time forgot
Trading in the less liquid parts of the fixed income market has remained relatively untouched by electronification.
Loans and securitised products backed by loans can...
Bond market operators see high yield down in Q3 2023 YoY...
MarketAxess saw its US high-yield average daily volumes (ADV) for Q3 2023 drop 20.4% against Q3 2022, standing at US$1.3 billion, while high-grade ADV...
Europe sees big drops in implied liquidity costs
Since the start of 2023, European corporate bonds have seen a greater drop in bid-ask spreads than has been seen in their US investment...
MarketAxess rolls out open trading for local currency bonds
MarketAxess has built out its open trading offering with the launch of open trading for local currency bonds. The first tranche of local currency...
FILS in Barcelona: The modernisation of the bond market
A massive modernisation of the bond market is being recognised at the Fixed Income Leaders’ Summit in Barcelona.
Although the event was largely held...
BOB Secondary: US Credit has never had it so good
Liquidity in US credit has improved significantly over the past year, with bid-ask spreads lower than any point in 2022, according to MarketAxess’s CP+...
FILS in Barcelona: What will help traders best adapt to the...
Although the basic function of a trader – price and liquidity formation – has remained the same over the past two decades, the level...
Adaptive Auto-X creates choice in trade automation
Developing automation to suit a range of market environments has put MarketAxess’s clients ahead in the drive for more efficient trade execution and adaptable...
Have US IG trades hit their smallest size this year?
The fires of summer are being replaced by the floods of autumn, but in the bond markets a gentler and more positive outcome is...
