The changing liquidity picture for fallen angels and rising stars
When a company has its credit rating adjusted, the impact on bond liquidity is not entirely predictable. In a changeable rate environment as seen...
MarketAxess Q2 update: Claims 20% share global credit trading; portfolio trading ‘flattened out’
MarketAxess has reported its Q2 results for 2022, including a record composite corporate bond market share, estimated at estimated 20.2%, up from 17.8% in Q1 2021...
Shumpert joins MarketAxess rates business
Nicole Shumpert has been named US rates product manager for dealer to client (D2C) by bond market operator MarketAxess.
Shumpert is a highly experienced operator...
The DESK: Systematic trading
The DESK discusses effective systematic trading, the benefits to end investors, and the skills needed to create and run systematic workflows with Chris Minck,...
Same trading costs, different year
The new year has seen trading volumes drop back to a similar level as seen in early January 2022, but in European credit, bid-ask...
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...
‘Flash Boys’ hits US treasuries market
An old-fashioned trading model is giving HFT firms the edge over dealers and funds on the interdealer treasury markets, writes Dan Barnes.
A number of...
Marathon names Alex Howell as head of European alternative credit
Marathon Asset Management has named Alex Howell as a senior managing director and as head of European alternative credit. Howell has also joined the...
Ivan Mihov joins Liquidnet
Ivan Mihov has been appointed as fixed income sell-side business development at Liquidnet. Mihov has a strong pedigree in sales in the sector, with...
Citi names Tokiya Kishie head of markets in Japan
Citi has appointed Tokiya Kishie as head of markets in Japan, effective 1 October.
Kishie will report to Paul Smith, head of markets for Japan,...
The Book: Nomura pushes for digital bond settlement efficiency
Nomura Research Institute has settled a Japanese digital bond using delivery versus payment (DVP) for the first time.
Settlement risk is a key concern for...
Trumid zeroes in on data automation, appoints Ryan Gwin
Trumid has expanded its data and intelligence and automation divisions, appointing Ryan Gwin as head of data solutions. The divisions were established four years...
