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 ...
Market disruption spreads beyond Ukraine and Russia
Traders are reported that liquidity across developed and emerging markets is being hit, with trades taking far longer to complete and price formation suffering as ...
Market reflects grim situation in Ukraine
The invasion of Ukraine on 24 February 2022 by Russia, wedded to subsequent sanctions and travel restrictions have triggered a series of market responses with the value ...
Nash Panchal named new CIO at MarketAxess
Nash Panchal, MarketAxess.
MarketAxess reports record revenue in 2021
Bond market operator MarketAxess saw total revenues for 2021 increase 1.4% to a record US$699 million, compared to US$689.1 million for 2020. Operating income was ...
Citi asserts control over any data tied to bilateral client trades
The European credit trading team at Citi has, according to several large asset managers, told buy-side clients the bank owns any data relating to bilateral bond trades ...
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.
Research: Volatility has changed trading protocol choices in 2021
Buy-side trading desks have used markedly different proportions of trading protocols between passive and active portfolios this year compared to 2020. The DESK’s Trading ...
Making the impossible, possible
Confidence in pricing data supports entirely new ways of trading through multiple trading protocols. The DESK caught up with Matthew Walters, head of product for ...
Analysis of US yields in 2021 and anticipation for next year
Yields for US high yield bonds have turned a corner, according to MarketAxess data, following a drop from 3.65% in April down to 3.065% in October. Currently sitting ...
November sees e-trading volumes up
The 2020 pandemic marked a critical turning point for electronic trading in the corporate bond markets according to Tradeweb in the firm’s 2021 letter to clients.
Flow Traders joins MarketAxess as named CP across US HY and Euro IG and HY
Flow Traders has committed to become a name-disclosed liquidity provider in US high yield corporate bonds, Euro-denominated investment grade and high yield bonds and ...
Analysis: Is credit trading really so close?
Last week we reported on the battle for credit trading between keen rivals MarketAxess and Tradeweb. During this reporting, we noted that Morgan Stanley analysts ...
Analysis: Credit belongs to…
In 2021, electronic credit trading has seen a close fought race between two giants, MarketAxess and Tradeweb. While both have slightly different profiles, through ...
The impact of trading long-dated bonds
Faced with the prospect of climbing rates, some investors will be looking to switch out of lower coupon bonds to capture higher returns. However, investors need to ...
