Almost a week on from the US strikes on Venezuela and the extraction of President Maduro, Natasha Cocksedge explores how markets have responded to the unprecedented intervention.  

Wesley Bray explores the latest rule changes for fixed income clearing in the US, what institutions should be most conscious of, how to navigate these changes and what their impact will likely be on competition.

Degroof Petercam’s Philip Bille, head of buy-side dealing and market structure, and Pierre Renna, head of buy-side fixed income dealing, sit down with Claudia Preece to delve into the desk’s collaborative, multi-asset approach to execution across asset classes, focusing on its fixed income offering and highlighting the importance of championing ‘human touch’ and traditional market expertise in symbiosis with a forward-thinking, technology-driven attitude.

Claudia Preece sits down with James Frew and Patrice Guesnet, co-heads of Pictet Asset Management (PAM) fixed income trading, to delve into their formula for success, the importance of building a desk made up of individuals with diverse experiences, and how the team is continuing to innovate alongside the evolving asset class.

Claudia Preece sits down with Khursheda Fazylova fixed income trader at Janus Henderson Investors, to unpack her journey to the trading desk and the important lessons learnt, how the Janus Henderson fixed income desk has handled the macro volatility so far in 2025, and what the future outlook is for traders’ day to day as the work/life balance conversation ramps up.

As the industry turns its collective attention to the potential for a rebounding of emerging markets in the fixed income sphere, Claudia Preece takes a look at the current state of play, unpacking how both firms and providers are keeping EM bonds front of mind to maximise opportunities in the space and the key motivations for desks going forward.

Annabel Smith explores the market’s growing interest in the request for market protocol, including the desire to shroud market impact, use cases, and whether or not it will ever become fully applicable for the buy-side when trading credit.