In light of today’s turbulent rates environment, risk recycling capabilities are central to success in this market, and some firms are having more success than others, writes Annabel Smith.
At FIA’s International Derivatives Expo, panellists praised the derivatives markets’ ability to cope with extreme volatility, while highlighting that latency should be a priority to ensure resiliency moving forward.
In Flow Traders’ latest whitepaper, the market maker states that a shift to electronic executions has helped increase Euro IG volumes, while exploring additional advancements in the wider fixed income markets.
The past week saw appointments Flow Traders and Liquidity.net, alongside a departure from Virtu Financial.
The current chief executive has decided not to seek re-appointment, instead passing the baton to his chief financial officer.
Learn more about the five firms shortlisted for our Editors’ Choice Award for Outstanding Alternative Liquidity Provider: including Citadel Securities, Flow Traders, Hudson River Trading, Jane Street and XTX Markets.
According to panellists, ETFs now represent 10% of the total credit market and this is only expected to grow further.
Flow Traders, via Neptune, will distribute axes on investment grade and high yield corporate credit, and emerging markets sovereign bonds.
This will be the first time the market maker will act as a name-disclosed liquidity provider for US high yield corporate, Euro-denominated investment grade and high yield, and emerging market sovereign bonds.
The new Paris office will become the fourth location in EMEA for Flow Traders, alongside its Amsterdam, London and Milan offices.