US Treasury market change catalysed by proprietary trading firms
Proprietary trading firms are driving change faster than the interdealer brokers, writes David Wigan. Direct streaming of pricing data is changing the historical ...
Brokertec data shifts to Bloomberg with Reuters/Dealerweb data tie-up
By Shobha Prabhu Naik & Dan Barnes.
Rates : Trading protocols : Dan Barnes
The new Treasuries protocols Breaking away from the request-for-quote protocol could allow for tighter pricing without information leakage. Traders engaged in the US ...
Why repo will not crash again
In December 2016 Europe’s repo markets crashed and burned. This year may look healthier than last but finding liquidity can still prove challenging. Lynn Strongin Dodds ...
Rise of the EM platform
Trading EM bonds electronically is showing growth, despite the challenges in matching. Chris Hall reports. Emerging Market (EM) debt trading volumes recorded a 21% ...
Return of volatility - will liquidity shifts bend or break US Treasuries?
Disclosed trading and internalisation are increasing as liquidity is wrung out of dealers and electronic market-makers. Chris Hall reports. As January’s storms ripped ...
Market news | Treasury liquidity
Fed warns on liquidity mirage for US treasuries. Making a real-time assessment of market liquidity across multiple venues is more difficult due to high-frequency trading ...
Treasuries crunch: Sponging up Treasury liquidity
A considerable increase in trade failures, combined with falling volume and buy-and-hold strategies is creating a shallow market in US treasuries, making the October ...
‘Flash Boys’ hits US treasuries market
An old-fashioned trading model is giving HFT firms the edge over dealers and funds on the interdealer treasury markets, writes Dan Barnes. A number of buy-side and ...
