Have US IG trades hit their smallest size this year?

The fires of summer are being replaced by the floods of autumn, but in the bond markets a gentler and more positive outcome is being see to the change in seasons. Looking at data from MarketAxess Trax, which tracks activity across multiple fixed income markets and sources, we can see that trading volumes appear to…

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New study of post-trade ecosystem shows pain of legacy systems

Research of 300 post-trade experts including custodians and brokers shows that legacy technology and regulation prevent financial institutions from capturing growth opportunities. A third of post-trade firms are operating with legacy platforms more than a decade old, with budgets being dominated by maintenance and upgrades over investments in replacements and transitions, new research has found….

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Overbond brings to credit trading A.I. Smart Order Routing and for the first-time Separate Bid and Ask Liquidity Scoring

Newly launched AI-driven smart order routing and bid-ask liquidity tiering tools developed by Overbond allow fixed income traders to optimize execution and fully automate more trades. TORONTO and LONDON, Sept. 19, 2023 /CNW/ – Following its bid-ask liquidity scoring model’s recent launch, Overbond launched its smart order routing (SOR) system today. These AI-driven tools are critical for achieving no-touch…

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