Examining Corporate Bond Quote Quality – BondWave
12/10/2021 Corporate Bond Friday Newsletter
Fixed income quotes have multiple use cases; they are used for regulatory purposes such as fair pricing and best execution, portfolio valuations, buy and sell decisions, trade negotiations and transaction cost analysis, making them a critical input to investment decisions. open website
BondWave Reports Volume/Liquidity Paradox
12/02/2021 The Desk
Trading efficiency has driven down the costs of trading, and supported the ability to find liquidity, despite falling volumes, says BondWave’s Paul Daley, MD for the Fixed Income Lab. Having reviewed trading trends in the US fixed income markets through the lens of BondWave’s Quarterly Universal Prevailing Market Price (UPMP) Dashboards, according to the firm’s calculations, fixed income trade counts continue to fall in the third quarter, where total trades were down across all asset classes relative to the second quarter. open website
