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...
How e-trading connectivity has been fragmented by sanctions
Sanctions on the Russian regime, on associated firms and on individuals have restricted legal access to some instruments and counterparties, yet portfolio managers may...
The $21.6 trillion question: How many regulators does it take to change a lightbulb?
The US$21.6 trillion US Treasury market is confounded by a lack of transparency and very short-term liquidity provision, according to a new joint staff...
Lars Salmon: On internal strength
Fidelity International has homegrown internal expertise and tech, to support a fixed income trading team that can weather all markets.
Lars Salmon is head of...
Trading: How to find liquidity in a drought
When market makers offer no bids for corporate bond trades, buy-side traders need to get creative.
Dealers are the main source of liquidity in the...
On the Desk: Engineering better trading
Honing the trading function is an art; it requires an engineer’s eye for improving systems but a leader’s eye for putting the team first.
How...
Why buy-side firms are building their own primary market tools
Interoperability is not a competitive issue; clients will build it if platforms do not supply it.
There is not a consensus on who should make the bond...
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...
Why India’s bond markets may bloom in June
Inclusion in one major index could see Indian markets boost investment and liquidity, with more in January 2025.
Following the victory of the BJP in...
When banks go bust holding boring bonds
**This article will appear in full in the next issue of The DESK**
Government bonds are described as a 'risk-free' instrument, on the basis that...



























