CBOE looks to bring back interest in Treasury futures
CBOE is exploring an incentive scheme to bring a more diverse set of liquidity providers for the product.
Fixed Income
MarketAxess sees Eurobond trading boom
Trax data shows European Q2 trading volumes surged, as MarketAxess reports mass increase in Eurobond volumes.
Bloomberg and State Street integrate tools for ETF efficiency
Both firms are linking ETF solutions to “enhance” fixed income ETF markets.
JP Morgan, Goldman Sachs and Credit Suisse join Neptune board
Major banks join Neptune’s new board as initiative hunts for permanent chief executive officer.
Buy-siders agree fixed income liquidity is increasingly deteriorating – ICMA study
ICMA’s most recent survey found 50% of buy-siders agree bond liquidity has deteriorated over the last year.
Bond markets subdued but not fully tested since referendum, says BoE
Bank of England said activity in fixed income markets has been “largely orderly”, but concludes outlook for UK stability is “challenging”.
UK loses its prized AAA credit rating
S&P Global Ratings has confirmed it has lowered the UK’s sovereign credit rating by two notches from AAA to AA as a result of the vote to leave the European Union.
Making connections
A recent gathering of fixed income minds in the US highlighted the need for greater collaboration if fragmentation issues are to be resolved. Hayley McDowell reports from Boston.
ESMA moves to relax EC’s ‘phase-in’ of MiFID II bond rules
ESMA has suggested several changes to the proposed ‘phase-in’ of MiFID II transparency rules for non-equity instruments.
BlackRock flags Brexit bond alert
Global bond yield fears surface ahead of the UK's vote on EU membership, in a report from the world's largest fund firm.