Fixed income
A bigger deal in platforms
After three years of consolidation in electronic trading, are brokers getting what they want from the players who are left and do the providers themselves know where they are going?
Open Platform - Prepare for Even More Scrutiny
As the Attorney General, the SEC and other regulators join forces to oversee the bond market, we may need to police ourselves.
Portfolio allocation to corporate bonds with correlated defaults
This article deals with the problem of optimal allocation of capital to corporate bonds in fixed income portfolios when there is the possibility ofcorrelated defaults. Under fairly general assumptions for the distribution of thetotal net assets of a set…
Tracing Transparency
Corporate bond traders are hesitantly embracing greater transparency and trying to figure out how to use it.
Margining the spread
Liquidity risk
Pricing liquidity into derivatives
Volatility