Fixed Income

The buy-side should expect some short-term disruption to their business as regulatory change takes hold in the US fixed income market, according to a report from Greenwich Associates.

Bank leverage ratio requirements in Basel III could amplify risks in the financial system and fail the real economy, according to a group of industry associations.

New market dynamics are driving an increase in the use of technology for credit market trades to increase efficiency and reduce costs, as asset managers’ struggle to obtain execution quality.

Market data provider Tullett Prebon Information has launched a Chinese bond pricing service at a time when the market is becoming increasingly important internationally.

Investment bank Daiwa Capital Markets has hired Philip Brewer as executive director of its fixed income division based in London.

An industry initiative to create an electronic bond trading platform led by Deutsche Bank and supported by key buy and sell-side firms may take shape as early as October, the executive behind the plan has said.

The acquisition of pre- and post-trade reporting firm Xtrakter by MarketAxess in March, has helped push second quarter revenues for the fixed-income trading specialist up by 34.3%, year-on-year.

MarketAxess has launched an index to enable market participants to identify trends in liquidity and transaction costs in credit markets.

Middle Eastern exchange Nasdaq Dubai is set to open a platform for on-exchange trading of Islamic and conventional bonds.

Banks must adapt to changes in the fixed income market in order to gain a competitive advantage, according to research published by London-based consultancy GreySpark Partners today.