MarketAxess expands pricing engine to cover municipal bonds
Expanded coverage will enable clients trading munis to benefit from accurate and unbiased reference pricing for the MSRB-reportable municipal bond market.
Fixed Income
A look into the centrally cleared future
Wesley Bray explores the latest rule changes for fixed income clearing in the US, what institutions should be most conscious of, how to navigate these changes and what their impact will likely be on competition.
Trade associations emphasise need for credit ratings to bolster EU corporate bond transparency regime
Distinguishing between investment grade (IG) and high-yield (HY) corporate bonds was labelled a key component to tap into greater transparency in more liquid bonds.
KNG Securities taps Morgan Stanley for new fixed income sales addition
New appointment previously served as part of Morgan Stanley’s emerging markets cross asset sales team.
Broadridge’s LTX and TransFICC enter strategic partnership
The development aims to offer sell-side clients simplified integration and connectivity to LTX, reduced operational risk and implementation costs, and improved time-to-market.
TransFICC to bid for fixed income consolidated tapes
Confirmation and authorisation of the new CTPs is expected to be in Q4 next year, with go live dates anticipated to be in 2026.
S&P Global Market Intelligence and MarketAxess partner to improve fixed income transparency and efficiency
The combination of S&P Global’s evaluated bond pricing with MarketAxess CP+ is expected to lead to more consistent pricing and greater efficiencies across the trade lifecycle.
BNY bolsters iFlow’s fixed income and equities data
“The new indicators are designed to provide transparency into unexpected market moves and show how markets have acted historically, helping to determine the potential vulnerabilities around shock events,” explained BNY.
Don’t sleep on emerging markets fixed income
As the industry turns its collective attention to the potential for a rebounding of emerging markets in the fixed income sphere, Claudia Preece takes a look at the current state of play, unpacking how both firms and providers are keeping EM bonds front of mind to maximise opportunities in the space and the key motivations for desks going forward.
World Government Bond Index to include Tradeweb FTSE benchmark closing prices
Expected to be included in March 2025, the move comes as part of Tradeweb’s “commitment to develop the next generation of fixed income pricing and index trading products for traders and investors worldwide.”