Overbond integrates Neptune Networks axe data to enhance client-specific analytics for corporate trading execution

LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/ — Overbond integrates Neptune Networks axe data to enhance client-specific analytics for corporate trading execution and bring the latest in AI size-adjusted pricing and liquidity discovery Overbond, an AI-driven fixed income analytics and trade workflow automation provider has announced the integration of Neptune Networks Ltd., a fixed-income…

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What is behind the falling cost of IG liquidity?

The bid-ask spreads in credit trading across the Europe and US have fallen dramatically in the first three weeks of 2024, relative to the same period in 2023, without a notable change in trade sizes. Measured in price from MarketAxess’s CP+ pricing service, these indicate that the median bid-ask spreads were 43% lower in Week…

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Countdown to T+1: Market Readiness and the Push for Automation

As the North American T+1 settlement deadlines fast approach – 28th May 2024 for all US securities settled through DTC and 27th May for Canadian securities – the industry has been ramping up in preparation. And although the shorter settlement cycle promises to increase settlement efficiency, improve liquidity, decrease counterparty risk and reduce overall trading costs, for many market…

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Traders’ concerns moving away from liquidity and re-focusing on inflation, finds latest JP Morgan e-trading survey

Global head of macro e-trading at JP Morgan says the survey results signal traders’ confidence around liquidity for 2024, driven by advances in electronic trading. Traders’ concerns have migrated away from liquidity access and re-focused on inflation for 2024, JP Morgan’s latest annual e-trading survey has found. Roughly 30% of traders across asset classes pegged…

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New year US corporate bond issuance tally tops $45 billion

Jan 3 (Reuters) – U.S. corporate borrowers are raising nearly $16 billion in high-grade rated bonds on Wednesday, adding to a $29 billion issuance binge on Tuesday, as companies looked to grab strong investor demand ahead of economic data releases. Among the issuers was Berkshire Hathaway-owned utility Pacificorp (PPWLO.PK), which raised $3.8 billion in bonds that…

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Coast is Clear for Bond Buyers in 2024: Manager

With central banks near the end of the tightening cycle, veteran fixed income specialist Roshan Thiru argues that after a difficult 18 months, Canadian corporate bonds have become highly attractive, and he expects they will generate attractive returns in 2024. “For the bond market as a whole, it has felt like forever. We were stuck in…

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Morgan Stanley urges higher quality corporate bonds as 2024 maturities approach

Nov 20 (Reuters) – Investment bank Morgan Stanley (MS.N) is recommending that corporate bond investors focus on higher quality investment-grade and high-yield bonds headed into next year, as a wave of maturities poses risk to more junk-rated companies. Morgan Stanley said it suspects the Federal Reserve has neared the end of its rate-hiking cycle, with a soft…

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Market review: The algorithmic acquisition flurry among fixed income trading venues

Following two major announcements this year, The TRADE speaks to the trading venues hoping to dominate the evolving fixed income algo trading sphere. Over the last few months, the market has seen two of the most prominent fixed income trading venues expand their service offerings through acquisitions of algorithmic trading providers. In recent years, algorithmic…

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