Fixed Income

Liquidnet expands into bonds with Vega-Chi buy

Institutional buy-side equities crossing network Liquidnet will offer trading in corporate bonds after agreeing to acquire bond-trading platform Vega-Chi.

ESMA warns on market risks as equities regain ground

European securities markets remain at high risk despite a strong recovery in trading and investment conditions in the second half of 2013, according to a report from the European Securities and Market Authority.

MTS adds to electronic offering with Bonds.com deal

Fixed income trading platform MTS, owned by the London Stock Exchange Group, will have access to hundreds of US clients after agreeing to acquire US corporate bonds platform Bonds.com as it expands its electronic fixed income trading offering.

Regulators applaud Euribor reforms

European regulators have approved of progress made to reforming the Euribor benchmark in the wake of the Libor scandal.

90% of interest rate derivatives already cleared – ISDA

The vast majority of interest rate derivatives were centrally cleared ahead of compliance with G-20-inspired rules by institutional investors, according to a new report by the International Swaps and Derivatives Association.

MarketAxess quarterly revenue jumps 25%

Electronic fixed income trading platform MarketAxess earned US$60.4 million in Q4 2013, up 24.4% on Q4 2012, driven by gains in commission revenue as the platform operator extended market share.

Buy-side actively making bond prices, says MarketAxess

Asset managers have already begun the expected shift to making prices in corporate bonds, MarketAxess CEO Rick McVey has said, driven by greater all-to-all market functionality that he believes will increase significantly.