The US Invasion of European Fixed Income

The US Invasion of European Fixed Income

Capital is expensive and getting more expensive.  But the problem is proving a much harder one to manage in Europe, with European banks continuing to…

SEF volumes died last week – so when and where will they return?

SEF volumes died last week – so when and where will they return?

Turned out the first week of mandatory SEF trading was a Big Bang, just in the wrong direction.  Reported SEF volumes for interest rate swaps…

Electronic trading of bonds is growing – sort of…

Electronic trading of bonds is growing – sort of…

We all know that the massive reduction in dealer inventories and the cost of capital has had a huge negative impact on liquidity in the…

Fixed Income Desks Spending More on Technology. Surprised? Me neither.

We spoke to just under 500 portfolio managers and traders globally to see what they’re doing with and what they think about OMSs, EMSs and…

Greenwich Associate’s Market Structure Trends to Watch in 2014

Greenwich Associate’s Market Structure Trends to Watch in 2014

The year 2013 will likely go down as the year of mandatory clearing. Once ignored by eager financial market professionals as boring back-office stuff, collateral…

Greenwich Fixed Income Market Structure Event: Liquidity, SEFs and Technology to Manage the Change

Greenwich Fixed Income Market Structure Event: Liquidity, SEFs and Technology to Manage the Change

Given all of the research we have going on here at Greenwich and all of the regulatory mess going on in the world, we thought…

SEFs are official, now its time for a new trading system

SEFs are official, now its time for a new trading system

Here at Greenwich we just wrapped up a study looking at how buy side trading desks are spending their technology dollars.  On September 26 I…

Greenwich: Fixed Income Investors Grapple with New Regulations and Rising Rates

Greenwich: Fixed Income Investors Grapple with New Regulations and Rising Rates

Each year Greenwich conducts a North American Fixed Income study. This year we conducting 1027 interviews of buy side portfolio managers and traders about everything…

Apparently TRACE hurt bond market liquidity – but there’s a catch

Apparently TRACE hurt bond market liquidity – but there’s a catch

A study was released today from two very smart guys at Harvard and MIT that shows prices improved and liquidity declined after TRACE was thrust…

Investors Loading Up on Corporates, Banks in 2012 (International Business Times)

January was a good month for corporate bonds. Investors are desperate for yield and the issuers want to be sure to take advantage of historically…