In The News

Bloomberg: It’s been a robust year in general for Treasury trading amid the heightened uncertainty about the path of Federal Reserve monetary policy and interest rates. Average daily notional volumes in August was more than $1 trillion, roughly...

Traders: According to a new study by Coalition Greenwich in collaboration with Axoni, capital markets data has exploded in terms of both volume and types. The growth of electronic trading, the creation of new products and strategies, and a surge...

Financial Times: August was the first month in history when the average daily notional of Treasuries being traded went over $1tn, up 37% year-on-year, according to Coalition Greenwich. Treasury futures trading is up by a similar amount.

Treasury Today: “Often it is a case of treasury knowing what they need, but not getting the funds,” says Tobias Miarka.

The Desk: U.S. Treasuries had their first trillion-dollar month in August thanks to a surprise rate hike from the Bank of Japan and ongoing fiscal uncertainty in the U.S. And while e-trading in U.S. corporate bonds was 44% of notional volume, flat...

Bloomberg: “You can be successful as a liquidity provider and market maker in US Treasuries today without being a primary dealer,” said Kevin McPartland.

Traders: An explosion of data, communication channels and a series of costly regulatory actions are driving a compliance overhaul by asset management firms, hedge funds and other investment organizations around the world, according to Coalition...

SPGMI: Major U.S. and European investment banks are expected to ease job cuts in their advisory and underwriting businesses following a recovery in sector revenues. Revenue-generating front-office headcount at the investment bank divisions (IBD)...

SPGMI: Advisory and underwriting revenues revenues at the top 12 global investment banks are expected to be about 30% higher in full year 2024 versus 2023, said Eric Li, head of global banking research at Coalition Greenwich. "Overall the outlook is...

Securities.io: Presidential elections bring uncertainty, -Eric Huttman, CEO of MillTechFX says that there’s more FX hedging activity ahead of the 2024 presidential election compared to prior years. He pointed to Coalition Greenwich research which...