January 2023 News Recap: MD Paul Daley discusses the fundamental problem with TCA in his latest piece, Peer Comparisons – Upgrading TCA to TQA (TabbFORUM, Friday Newsletter), and see the latest trading trends with the QMarks Q4 2022 Dashboards (BDA, TabbFORUM).

With growing trading volume, smaller average trade sizes, and wider bid/offer spreads, MD Paul Daley says it is tempting to assume that higher yields in 2022 have resulted in a shift toward greater activity from retail clients. See the details in BondWave’s Q4 2022 QMarks Dashboards for corporate, municipal, agency, and 144A asset classes.

Paul Daley discusses the fundamental problem with TCA that limits its utility and hinders its adoption. Measuring transaction costs is a minimum requirement for every trader, but measuring transaction quality can prove much more beneficial.

TQA Video: Transaction cost analysis without context provides limited value. At BondWave, we have developed ways to assign meaning to your fixed income TCA data and help you better understand true trading quality.

BondWave CEO Michael Ruvo believes 2023 will be a year of opportunity and innovation despite continued market turbulence, uncertainty, and a heightened regulatory environment.

November 2022 news recap: BondWave’s fixed income engine integrates with ICE Bonds and BondWave announces a new partnership with IPC Systems (Fri. Newsletter, TabbFORUM, The DESK, FTF News, Finextra, GlobeNewswire, and Yahoo).

BondWave announced that it has successfully integrated its BondWave Calculator with IPC’s flagship Unigy and IQ/Max Touch solutions. The partnership offers bond traders an integrated solution that automates the trading workflow by surveilling today’s market activity instantaneously.

BondWave’s newsworthy articles for the month of October 2022: The Q3 QMarks Dashboards show higher yields leading to higher trading costs across all tracked asset classes (BDA Fixed Income Insights, Friday Newsletter, TabbFORUM).

BondWave announced that it has successfully integrated its Effi Markets with the ICE Bonds’ trading platforms. Effi Markets provides access to indicative liquidity by enabling users to view, filter and select current bids and offers, add them to a proposal and communicate relevant trade ideas.

Higher yields led to higher trading costs across all tracked asset classes in the third quarter of 2022. See the details in BondWave’s QMarks Dashboards for corporate, municipal, agency, and 144A asset classes.