BondWave in the News
May 2021

4 months ago  •  By  •  0 Comments

Friday Newsletter logo linking to BondWave's article titled, 'It's a Trap'
It’s a Trap
5/28/2021: Corporate Bond Friday Newsletter
Through careful analysis of reported trades on TRACE and EMMA, we have identified at least six categories of probable and likely trade reporting errors. The six categories are: (1) Price Input Errors, (2) Yield Input Errors, (3) Side of Market Errors, (4) Trade Corrections Processed Incorrectly, (5) Trade Throughs, and (6) Illogical Price Patterns. It is the third category (Side of Market Errors) that presented the trap that we fell into when producing the original Q4 2020 dashboards
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