Last year, 62% of European investment-grade corporate bond trading volume was executed electronically, as with 49% of notional high-yield volume; compared to 40% and 31% in the US, respectively.
Recent Coalition Greenwich survey found that 84% of respondents are already using, or open to adopting, transaction cost analysis (TCA) in their fixed income portfolios.
Access to liquidity from multiple sources in a single blotter is the main benefit of an execution management system (EMS) in electronic fixed income trading, according to survey.
Asset managers see financial market volatility as a top industry challenge for the next three years; yet 84% expect AUM to grow irrespective of market valuation fluctuations, finds Northern Trust report.
In addition, 64% of respondent agreed that in the next three to five years the cloud will become the dominant market data delivery method.
You might be cruising on autopilot for most of the flight, but when there’s turbulence you want a pilot to take over, writes Annabel Smith.
Data from Coalition Greenwich shows that alternative data continues to grow rapidly with its perceived value increasing, while firms work towards improving how best to utilise these alt data sets.
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.
Coalition Greenwich data shows US Treasuries bolstered in March as news around Silicon Valley Bank and Credit Suisse rocked the markets.
Coalition Greenwich finds that algorithms’ access to dark liquidity saw the largest increase in demand from Tier 1 European equity traders from 2021 to 2022.