BondWave QMarks Q4 2022 Dashboards
1/20/2023 TabbFORUM
Developed to help bond market participants better understand trading trends in the fixed income markets, BondWave’s Data Lab has released its QMarksTM dashboards for the fourth quarter of 2022. QMarks is a proprietary BondWave data set that powers its quarterly dashboards to cover all disseminated bond transactions using the regulatory-prescribed Prevailing Market Price methodology for corporate, municipal, agency, and 144A. QMarks belongs to a suite of other BondWave proprietary data sets. open website
BondWave QMarks Quarterly Dashboards Q4 2022
1/17/2023 BDA Fixed Income Insights
Q4 2022 Observations: “With growing trading volume, smaller average trade sizes, and wider bid/offer spreads, it is tempting to assume that higher yields in 2022 have resulted in a shift toward greater activity from retail clients.” – Paul Daley, Managing Director open website
Peer Comparisons: Upgrading Transaction Cost Analysis to Transaction Quality Analysis
1/13/2023 TabbFORUM
Transaction cost analysis without context often looks like a big pile of numbers. Too often the size of the pile is used to imply that there are meaningful insights buried inside, if only we are perceptive enough to find them. In this article, Paul Daley, Managing Director at BondWave, discusses the fundamental problem with TCA that limits its utility and hinders adoption- explaining that while measuring transaction costs is certainly a minimum requirement for every trader, measuring transaction quality may prove even more beneficial. open website
Peer Comparisons: Upgrading Transaction Cost Analysis to Transaction Quality Analysis - BondWave
1/13/2023 Friday Newsletter
There is a fundamental problem with transaction cost analysis that limits its utility and hinders its adoption: Does anyone really know what TCA data means? If I told you the cost of your bond trade was four basis points, would you even know what that means? Or would you ask me if four was good, or bad? open website
