In this commentary from Convergex's Eric Noll, he reports that the tick pilot is producing expected results - such as increased trade size and more price volatility. However, he noted that one test group bears closer scrutiny amid information leakage concerns.
What asset class are you planning to expand trading into or covering in 2017?
- Fixed income
More News - Fixed Income
It looks like 2016 was a record year for flow in the exchange traded fund sector, according to a recent report from money manager State Street Global Advisors.
By integrating pre-trade data, the index provider looks to reduce tracking errors for passive investors.
Although electronic trading continues to make inroads into corporate bond trading, electronic bond-trading platform operator MTS Markets International has invested in its offerings for phone-based clients.
Banks are increasingly embracing cloud solutions.
Fragmentation of corporate-bond trading infrastructure may be permanent.
Without a better sense of existing liquidity, there may never be a true order-driven corporate bond market.
The new redesign allows users to access best-in-class fixed-income analytics and data through a web interface.
Just when the Fed seemed on hold for the indeterminate future, a strong jobs report brought the notion of a rate hike back to the realm of feasibility. This suggests increased volatility and trading volume ahead of the FOMC meetings later this year.
Credit Suisse is merging its fixed income and equities divisions in Asia Pacific as the Swiss bank overhauls its global markets businesses. The changes come as Credit Suisse group CEO Tidjane Thiam doubles down on wealth management and cuts back in investment banking.
Liquidnet announced the appointment of Rebecca Healey as Head of Market Structure and Strategy. Healey's primary expertise is in market structure, regulatory reform, and financial services technology.
The new live bond pricing service covers more than 35,000 bonds across 40 currencies and delivers more than 250,000 pricing updates per minute.
Fed taking cautious, gradual approach, Morgan Stanley says. Goldman Sachs says weakest jobs gain since 2010 was outlier
Bond traders have electronic trading capabilities along with their trusty voice-options as part of new service
Market structure principles, not prescriptions, are needed for the U.S. Treasury market.
The bond manager predicts mid-teens bump in second-quarter trading revenue but the firm has cut compensation for bond traders by 25% since 2011.