Market Structure: New risk and liquidity in the US Treasury market
Significant changes in counterparties and market structure have transformed US Treasury market activity.
Dealer-to-client trading has overtaken interdealer markets in volume traded according to analyst...
On the DESK: Making traders integral to the investment process
Sonali Pier explains how a trader can stand out, and be given a sense of owning the investment process through leadership.
How is trading built...
FILS 2022: Automation drive continues amid liquidity squeeze
Recruiting an army of coders cannot be a panacea for traders’ data, liquidity problems, according to an all-star panel on day one of this...
Systematic credit trading changes the buy/sell-side dynamic
An investment manager capable of making a price in less than a minute in Europe, or several minutes in the US, can be a...
OMS market: Vendors focusing on strategic sales pitch
Research suggests that an apparently limited interest in changing order management systems (OMS) on buy-side trading desks has been overcome by OMS vendors at...
Review: Mixed bond trading revenues in choppy first quarter
Banks have seen mixed results from bond trading in the first quarter of 2023, across credit and rates, while electronic trading platforms have seen...
Primary ignition – at both ends
Politics are being side lined in the battle for efficiency in primary markets for buyers, and for issuers.
The top operational priority for buy-side, and...
On The DESK: Divide and conquer
The DESK interviews the team delivering continuous management of trading, for the world’s largest collective assets under management.
• Dan Veiner is Co-Head of Global...
Credit Spotlight: How clear can pre-trade get?
Pre-trade transparency is a nirvana for over-the-counter markets, particularly corporate bond trading, which lack the publicly displayed prices of the exchange-traded market.
Unless it...
On The DESK: Leaders in bond trading pinpoint risks and opportunities
We asked the buy-side traders we have profiled on The DESK for the past ten years to discuss the biggest changes they thought had...



























