Fixed Income

New legislation will fundamentally change the way buy-side firms trade bonds and solutions to help deal with the transformation taking place in this market continue to emerge.

FIX Protocol Limited, a provider of messaging standards, has published guidelines for the electronic trading of fixed income, ahead of new regulations that will lead to greater automation of bond trading.

MiFID II's extension to fixed income instruments must be appropriately calibrated to avoid the risk of draining liquidity from the bond market.

A new trading platform for Brazilian corporate debt developed by the IntercontinentalExchange and fixed income depository Cetip is set for launch later this month.

Euroclear Bank will offer post-trade services for Russian government bonds from tomorrow through a link established with the National Settlement Depository, Russia’s central securities depository.

Citi plans to offer a wider range of emerging market instruments on its new fixed income trading platform but will not extend the offering to corporate bonds due to fears of liquidity fragmentation.

Vertical integration, asset classes diversification and increased business from mainland China form the basis of Hong Kong Exchanges and Clearing's new three-year plan.

A new Nordic bond trading platform will let smaller companies raise capital through corporate bonds issuance, as banks face a squeeze on client facilitation as a result of impending legislation.

Large international brokers are in for a war of attrition in the battle for global capital markets survival, according to leading analysts.

The battle for Scandinavian market share is set to intensify with a new initiative from domestic exchange operator Nasdaq OMX Nordic to attract overseas flow and the implementation of the London Stock Exchange's Millennium Exchange platform at Oslo Børs.