Euro Investment Grade Market Structure Changes are Evolving Buy-Side Trading Styles

In Flow Traders’ latest whitepaper, the market maker states that a shift to electronic executions has helped increase Euro IG volumes, while exploring additional advancements in the wider fixed income markets. Market structure changes in the Euro investment grade (IG) markets and new drivers of liquidity are evolving buy-side trading styles, a whitepaper by Flow…

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Resilient US junk bond market baffles investors

The resilience of the $1.4tn US junk bond market is puzzling investors worried about higher interest rates and an economic downturn. Despite concerns over the health of the world’s biggest economy, with some market indicators pointing to recession, yields have fallen since highs last autumn while spreads over government debt have tightened in recent months….

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Overbond to Integrate European Fixed-Income Transaction Data from Deutsche Börse into its AI-Aggregated Data Feeds and Automated Bond Trading

TORONTO and London – May 10th, 2023—Overbond, the leading API-based credit trading automation and execution service in the global capital markets, and Deutsche Börse Market Data + Services (MD+S), have entered into an agreement relating to the recently launched Clearstream Bond Liquidity Data offering. The agreement will provide Overbond customers with market insights on instrument…

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Overbond and Finsemble Collaborate to Streamline FI Trader Workflows through FDC3 Interoperability

Toronto and London – May 18, 2023 – In the fixed-income trading space, data gaps remain a challenge for efficient, profitable fixed income trading and automation. This is especially true in Europe, where transparency in fixed-income instruments hardly exists. Amidst this broad data gap, bond desks may use and aggregate any existing but incomplete data…

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Liquidity, Execution and Data

A buy-side perspective on the electronification and automation of corporate bond trading Why this report was written: Buy Side Perspective On Bond Trading Automation The fixed income markets have changed dramatically over the past decade. New regulations, new fixed income products, the rise of EľFs, and the emergence of electronic all-to-all platforms and non-dealer liquidity…

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Fixed-Income Outlook: Getting a Grip in Slippery Markets

Market twists and turns challenged fixed-income investors in the first quarter, as markets responded to swings in economic and inflation data and central banks struggled to control the wheel. Then, in March, the collapse of two large commercial banks triggered a significant repricing of risk and sent markets into a skid. In this article, Scott…

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Corporate Bond Market Reaches Record Highs in February

Data from Coalition Greenwich showed that average daily notional volume for corporate bonds reached $45 billion last month, up 22% compared to the same time period last year. The corporate bond market has remained robust amid market turmoil, with average daily notional volume (ADNV) reaching record highs in February, according to a report by Coalition…

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Rate Hikes May Have Gone Too Far – And Bonds Don’t Look Bad

Fixed-income markets took a severe beating in 2022 as central banks administered monetary tightening to beat back surging inflation. While markets have seen a bounce-back, in the expectation that the tightening is close to the end, is the enthusiasm warranted? “The bounce-back that we saw earlier this year has already waned since we are at fresh highs…

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Fixed Income EMSs and the New Credit Trading Paradigm

The fixed income markets have seen more significant transformations in the past few years than in the previous cumulative decade. In this article, Colby Jenkins, Strategic Advisor at Aite-Novarica Group, breaks down the potential role fixed income execution management systems (FI EMS) may play within this new fixed income market structure. This week’s announcement that…

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