The utopia of the consolidated fixed income tape
Lynn Strongin Dodds explains why Europe cannot look to TRACE as a role model. Developing a consolidated tape for fixed income in Europe was never going to be easy but ...
When will T2S harmonise European bond issuance?
Target 2 for Securities (T2S), the ambitious brainchild of the European Central Bank (ECB) and Eurosystem, has the potential to lower the costs of bond issuance by ...
Buy side reports price movement risk in Treasury trading
Automated trading and derivatives are changing the way US Treasuries are traded, exposing the buy side to high-frequency trading strategies. Chris Hall reports. If big ...
How to trade for alpha
Smart institutional trading desks can boost returns in support of investment management. Dan Barnes reports. If institutional portfolio management (PM) and investment ...
CCPs fight for buy-side membership
Few asset managers are buying into the direct CCP model. Fred Maple reports. The fanfare with which central counterparties (CCPs) launched new membership categories for ...
SEC committee signals direction for US credit rules
New fixed income committee sees pushback on structural approach to resolving credit market challenges. David Wigan reports. As European fixed income market participants ...
Platforms: What the winners are doing right
A few platforms have consistently gained buy-side confidence over the last five years, through smart assistance and simplification of trading workflow. The three ‘O’s of ...
Science vs. art: Where TCA adds value in fixed income
Picking the right transaction cost analysis methodology might improve best execution, but qualitative assessment must balance the quantitative, writes Flora McFarlane. ...
The syndication trader
A syndication specialist could improve operational efficiency and give asset managers greater control over primary market activity, writes Dan Barnes. As primary markets ...
James Wallin: On valuing the desk
Proving and demonstrating the value of the trading desk at the very highest levels of the organisation creates a virtuous circle of investment and performance, James ...
MiFID II: What could go wrong
Keep an eye on these potential points of failure, writes Dan Barnes. For trading desks the impact of the new Markets in Financial Instruments Directive / Regulation ...
Optimising clearing costs for cheaper trading
Clearing of European derivatives now looks set to stay in London for the foreseeable future, but traders still need to assess how the clearing house they use can impact ...
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 ...
Europe’s government bond market hits electronic ceiling
Electronification of rates in Europe could significantly enhance liquidity and boost trading. David Wigan investigates. Electronic trading of European government bonds ...
Izzy Conlin & Bryan Knapp: On cutting through complexity
There is nothing simple about the task facing BlackRock’s dealing teams, who trade for some of the world’s largest fixed income positions. For Izzy Conlin and Bryan ...
