COVID-19 started in late December 2019 in Asia, but its effects on the global markets were truly felt two months later. By late February, it was clear to investors all around the world that the pandemic would have a far-reaching impact on company...

In late April, we reached out to buy-side fixed-income investors in Europe to learn more about the impact of COVID-19 and their expectations for the near term. We asked these buy-side PMs and execution desks, “Which dealers stood by you the best...

The COVID-19 pandemic has forced the global economy into truly uncharted territory. Financial markets, being at the nexus of the economy, have been affected profoundly. Across Europe, all fixed-income market participants have had to rapidly adapt to...

Earlier this month, we reached out to buy-side fixed-income investors in the Americas to learn more about the impact of COVID-19 and dealers’ response. One question we asked was, “Which dealers do you feel have stood by you the best during the...

As COVID-19 cases continue to rise, our first thoughts are for the victims, their families and the healthcare professionals fighting the disease. This pandemic is likely to lead to significant changes in the way we live our daily lives and to many...

While the word “unprecedented” gets thrown around quite freely, it is fair to say that the logistics and conditions around U.S. fixed-income trading over the past six weeks have been new to everyone regardless of experience. Greenwich Associates...

In our role as market analysts, we are lucky enough to attend some of the most interesting industry events in capital markets and fintech. In that vein, Symphony asked us if we could attend their Innovate conference in New York this past fall and...

Over the years trading desks at the largest banks and broker-dealers profited not just from executing client trades, but because they had the pulse of the market. It was their job to know who was trading what, who held what, who had an interest...

Over 60% of trading in the U.S. Treasury market is done via electronic trading venues. Many market observers believe this means that the relationships between dealers and bond investors are eroding and that the marketplace has become devoid of human...

Following recommendations from the SEC's Fixed Income Market Structure Committee (FIMSAC), FINRA is proposing a pilot program to test the impact of changing the reporting requirements for large corporate bond trades. Pilot programs can be good...