While corporate and 144A bonds saw significant volume growth in Q1, the same could not be said for municipal and agency bonds. After strong volumes to close out 2024, municipal trading took a slight breather and agency trading volume decreased significantly.

See how BondWave solved a multi-billion-dollar national RIA and independent wealth management firm’s challenges, including the lack of a unified view for multiple custodians, market event monitoring, interest rate impacts, and a cumbersome workflow for reporting.

Jan. ‘2025 News Recap includes media coverage on Paul Daley’s Trade Insights piece “Fixed Income Year End Trading Cost Review” in TabbFORUM. The piece looks at corporate and municipal bond trading cost trends between 2017-2024 and also explores volume trends, issuance, quantitative market making, portfolio trading and more.

Paul Daley explores trends in trading costs for corporate and municipal bonds as well as volume trends, issuance, quantitative market making, portfolio trading & more.

Corporate bonds had record trading volume in 2024 as all four quarters saw growth over 2023. Municipal bond trading rose by .9% for the year. Check out the full Dashboards to discover more trends, including portfolio trading growth and trade volumes by quarter over the past 8 years for corporates and munis.

Nov. ’24 News Recap includes media coverage on BondWave’s acquisition of Bitvore’s Fixed Income Data and Analytics business which leverages AI and machine learning to provide curated, CUSIP-linked Muni News; Enhancements made to Effi supporting mark-up disclosure and best ex (A-Team Insight, FTF News, TabbFORUM)

BondWave has made several new enhancements to Effi’s Portfolio Analytics and Transaction Analytics solution suites such as a newly redesigned Trade Analysis Report that provides granular analysis across all trade variances, sources of exceptions, and resolutions.

This acquisition underscores BondWave’s commitment to expand Effi with Bitvore’s Fixed Income Data Analytics business, which leverages AI and machine learning to provide targeted material data to investors in municipal bonds.

October 2024 News Recap includes insights from Michael Ruvo on tech integrations helping meet workflow needs (The Bond Buyer) and interesting trends highlighted in BondWave’s QMarks Dashboards for Q3 2024 (TabbForum).

The corporate bond market saw a record-breaking 8.9% gain in customer par value traded in Q3. The 144A and municipal bond markets did not follow suit as par value traded was down for the quarter. Check out the full Dashboards to discover more trends, including year over year increases across all four sectors.