Trading Places

The Rise of Bilateral Markets and Trading Places First Survey of U.S. Treasury Venues

When I started trading rates there was only two interdealer venues for benchmark Treasuries: BrokerTec and eSpeed. With the exception of a few voice trades arranged by brokers, all…

Changing Market Structure is Hard

The trueEX Lawsuit and Interest Rate Swaps Market Structure

Reactions to the CME NEX Acquisition at the Fixed Income Leaders Summit

Hope and fear

GX2 to Offer US Treasury Execution Algos

GX2 Spread Markets, a Chicago broker-dealer, will begin offering customers execution…

The Great Fixed Income Acquisition Spree

ICE Buys TMC Bonds

Move Over Crypto-enthusiasts, Wall Street Will Take It From Here

The Killer App is Trading

The Final Nail in the Coffin

The Waning Influence of Dealers in the U.S. Treasury Market