Research: Having an EMS does lead to better performance in bond trading
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…
The major government bond markets continue their recent rally as the Fed, ECB, and BOE all pushed back on what had been sooner-rather-later rate hike expectations. Interestingly, mid- and longer-term yields are seen lower even with the stronger US jobs report helping propel equity prices to new highs. Inflation expectations remain elevated with breakevens and…
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…
The focus this week is on the Fed’s FOMC meeting, the BOE, and to a lesser extent Australia’s RBA. The Fed meeting, which is not accompanied by a fresh set of SEP economic and rate projections, should provide at least some guidance on coming bond purchase tapering, in terms of timing and process. On Monday…
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…
The highlight in Europe this week is Thursday’s ECB policy meeting, with nobody expecting policymakers in the EA and elsewhere to cling so dogmatically to the previous narrative of inflation as only a transitory phenomenon. The focus now is on what blueprint the ECB may have as an exit strategy on existing pandemic-based policies of…
Inflation remains front and center in the minds of global investors, so much so that many observers think the Bank of England may be poised to raise rates as early as the next MPC policy meeting on November 4, as the first major Central Bank to do so. That view was reinforced by the BOE’s…
With trading volumes for US corporate bonds up
