Are US dealers still offsetting credit trading risks?
As US banks see credit positions turn negative, and interdealer market volumes remain flat, The DESK asks how they offset risk as their credit trading volumes rise with ...
The effect of war on pricing and spreads is widening
The economic effect of the Russian invasion of Ukraine needs to be put in context next to the human tragedy, but data is showing us the effect on the flow of capital; it ...
MarketAxess Mid-X launches in US
MarketAxess has made Mid-X, its anonymous session-based matching protocol, live for US market participants after its initial launch in Q4 2020 with European participants.
Trouble ahead for traders as number of issued bonds climbs
According to data from Moody’s Investor Services, the US investment-grade companies should have few problems refunding their debt in 2022, which is useful given US$1 ...
Sub-2bps bid-ask spreads in US IG are below pre-crisis levels
The US investment grade (IG) credit market is seeing very tight bid-ask spreads in 2021, according to the Composite Plus (CP+) data supplied by MarketAxess. It has found ...
Aegon AM wins short-dated investment grade bond mandates
Adrian Hull, head of fixed income, Aegon AM.
DirectBooks live with euro and sterling investment grade deals
Sell-side consortium DirectBooks, is now live with Euro and Sterling Investment Grade bond deal announcements on its bond issuance platform. The platform launched in Q4 ...
SEC report highlights dealer threat to buy-side allocations in primary markets
US market regulator, the Securities and Exchange Commission (SEC), has reported buy-side firms feel pressured not to publicly speak out about the challenges of the new ...
November gives Tradeweb its second highest month’s ADV ever
Market operator Tradeweb has reported today total trading volume for November of US$18.7 trillion across its electronic marketplaces for rates, credit, equities and ...
Bloomberg launches RMB-denominated Liquid China Credit Index
Bloomberg has launched the Bloomberg Barclays Liquid China Credit (LCC) Index, designed to track the liquid, tradable portion of the RMB-denominated credit bond market. ...
Exclusive: MarketAxess trials new mid-point session protocol Mid-X
Gareth Coltman, head of European Product Management, MarketAxess.
Trumid launches emerging markets trading
Ronnie Mateo, Trumid founder and CEO.
Buy side issues framework to standardise bond issuance
The Credit Roundtable, a buy-side lobby group for bondholder protection has issued an ‘Investment Grade Primary Best Practices Framework’ designed to improve bond ...
Morgan Stanley: Fed buying programme has benefits beyond direct purchases
Analysis of the Federal Reserve’s Secondary Market Corporate Credit Facility (SMCCF) by Morgan Stanley analysts has found that its purchases of exchange traded funds ...
Lipper: Bond funds come roaring back (with Fed’s help)
Refinitiv Lipper has seen a bounce back for bond funds in Q2 2020 after they suffered losses of -4.3% and outflows of US$208.9 billion induced by COVID-19 during the ...
