Citadel Securities challenge primary market conflicts
A year ago, rumours in the bond markets suggested that Citadel Securities might be planning a move into bond issuance, a move which buy-side...
Research: ETFs worsen fixed income liquidity in a crisis
An academic paper has argued that fixed income exchange traded funds (ETFs) “improve bond liquidity in general, but worsen it in periods of large...
BondBloxx outsources trading to Northern Trust
Northern Trust providing outsourced trading services to BondBloxx, an issuer of fixed income exchange traded funds (ETFs) which recently surpassed US$1 billion in assets...
Tangible returns from bond trade automation
Adoption of automated trading continues apace across several bond markets and within different grades of instrument. Gareth Coltman, global head of automation at MarketAxess,...
Issuance of debt increasingly financing UK companies
Analysis of corporate financing across European, UK and US markets by the Association of Financial Markets in Europe (AFME) has found that over the...
Is Europe being punished for slower e-trading adoption?
The liquidity shortfall, expected at the end of the year, is traditionally triggered by dealers’ reluctance to make markets when their risk positions are...
Can primary markets deflate?
Inflation levels could have a direct impact on volume of work – and therefore operational pressure – on buy-side trading desks.
Managing the process of...
Falling emerging market liquidity costs reversed with Fed concerns
Traders in hard currency fixed income emerging markets have seen a decline in the costs of liquidity this year, according to data from MarketAxess’s...
All I want for Christmas, is trading analytics
Traders would do well to run close analysis over their European trading activity this month, as data from MarketAxess Trax, which tracks trading across...
MarketAxess: bringing transparency to the muni marketplace with AI-powered pricing
Julien Alexandre, Global Head of Research and Daniel Kelly, Head of Municipal Securities at MarketAxess
CP+, our AI-powered algorithmic pricing engine for the global credit...