All-to-all trading takes hold in corporate bonds
Greenwich Associates research finds nonbank liquidity providers at the center of growth and evolution of all-to-all electronic trading, while big dealers are reshaping their businesses in ways few, if any, people expected.
Primary research into tools, services and goals of traders
The DESK completes a year's research into buy-side fixed income trading desk activity, globally, asking asset managers where they trade bonds, how they trade, what they use to execute orders, and how they measure best execution. The results are an interesting snapshot as the industry continues to evolve.
Open Trading® participants have saved $1.6 billion*
All-to-all, all in one. ~$16 billion average daily liquidity, $3.5 billion average daily volume, and $1.6 billion in transaction cost savings—innovation that's redefining liquidity.*
Portfolio trading and opportunities for the market
Podcast with Risk.net Associate Editor, Zoi Fletcher, and our head of portfolio trading, Matt Walters, on how data analytics is optimizing outcomes for portfolio trades.
The evolution in the credit markets continues to accelerate. One specific development is that market participants are increasingly seeing the benefits of Portfolio Trading, as it saves time, increases efficiencies and enables greater transparency. All benefits Flow Traders strongly advocates for.
Now trade EGBs with superior data
Composite+ is our AI-powered algorithmic pricing engine producing an unbiased, two-sided price—a key part of pre-trade price discovery, auto-execution, crossing, liquidity provision and transaction cost analysis—now available for European Government Bonds.
A block trading solution that enables EM traders to tap into new sources of global liquidity.
The EM block trading solution that delivers superior execution results.
Susana Ho discusses RFM as an efficient way to trade in large block sizes.
Natixis leverages RFM to achieve best execution.
RFM is electrifying EM local bond trading.
Anonymous matching sessions at the mid-point price
Powerful Open Trading protocol that helps US and European traders achieve significant cost savings by matching at the mid-market price.
Make every second of your day count
Data driven decision-making, with customizable parameters and reporting, using the most comprehensive set of data available in the market. Open Trading, Composite+, and Relative Liquidity and Suitability Scores are just a few of the integrated powerful tools with Auto-X.
Higher yields have led global fixed income investors to switch from hard currency bonds to EM local currency bonds in record numbers. Data gathered by MarketAxess illustrates the size of the inflow into local currency bond trading.
Craig talked to Shanny Basar at Markets Media about how Open Trading addresses the problem of liquidity fragmentation in emerging markets as MarketAxess provides distribution scale to local banks anywhere in the world.
Craig McLeod, Head of Emerging Market Product Management, discusses how the electronic trading evolution is set to accelerate in Asia and Latin America.
Composite+™ - our award-winning algorithmic pricing engine for emerging market bonds.
“For any market where there is a wider bid-ask spread, as there is in the emerging markets, the more people you can put in competition, the more it will help in better execution and liquidity.” - Dennis Dow