Although the new Refinitiv Connected Data survey shows that buy-side firms are making more progress on their digital transformation journeys than sell-side firms, the evolution of their market and reference data strategies will require much more work, respondents say. Digital transformation journeys around market and reference data in buy-side firms are being hampered by the…
Looking ahead to 2022, there are two main themes that will enhance bond trading. First is in primary markets, which until recently largely relied on legacy systems and manual processes. This year brought advancement in the electronification of primary markets with the introduction of new technology, allowing firms to trade new issues electronically and simplifying…
The pandemic has ripped up the rulebook when it comes to traditional norms of trading in equities and fixed income, which are undergoing a radical shake-up. There may be a return to the office, but that doesn’t mean a return to business-as-usual. Trading has changed in both the equity and fixed income markets – especially…
Source: The Desk The DESK has found that fewer than half of buy-side bond traders use execution analytics in the trading workflow to support trade execution, but nearly 70% believe it is effective or highly effective in the role, suggesting there is an opportunity to expand its use. In primary research, conducted across 35 asset…
Speaking at the Fixed Income Leaders’ Summit 2021, Invesco’s head of fixed income for EMEA and Ninety One’s global head of trading suggested these actions could safeguard desks in a post-pandemic and post-Brexit landscape. Source: The Trade Data optimisation and the electronification of voice trading capabilities were the areas dubbed by leading fixed income trading…
Trade analytics provider Overbond has released a margin optimisation tool that uses AI technology for sell-side fixed income desks to increase their amount of request for quotes (RFQ) responses. It captures margin optimisation data and trains the model to the risk tolerance and execution style of the trading desks, categorising RFQs processed in terms…
Source: Barclays The global fixed income market represents roughly $130 trillion in debt outstanding1, dwarfing the total market capitalisation for stocks. Over the past five years, fixed income markets have seen growth in electronic trading, however it has and will continue to evolve differently than electronic trading in equities due to the differing trading styles…
Source: MTS The role of the fixed income trader is radically and rapidly transforming. As more workflow shifts onto electronic platforms, computers and algorithms play an increasingly crucial role in supporting traders by automating a vast range of processes. Automation creates opportunities to improve productivity by reducing inefficiencies and boosting performance throughout the whole lifecycle…
The source: Traders Magazine While some traditional financial services companies have more slowly transitioned to the cloud, capital markets firms have embraced cloud computing across their entire value chains — front-, middle-, and back-office. We wanted to understand the dynamics behind this rapid adoption, the most common use cases, and the types of technology most…
Source: The Desk Overbond has added a ‘rich-cheap’ model to its suite of AI fixed income analytics, designed to help buy-side desks generate systematic returns. Combining both static and dynamic analysis of multiple factors with AI,the firm says its ‘rich-cheap’ model provides a quantitative method for screening for misprized fixed income securities. It is a…
With trading volumes for US corporate bonds up
