Fixed Income Leaders USA 2025

June 09 - 11, 2025

Omni Shoreham Hotel in Washington DC

Andy Hill

Managing Director, Co-Head of Market Practice & Regulatory Policy ICMA

Main Day 1 | June 10th

9:20 AM Market Structure Reform Panel: Reforming fixed income market structure: How can industry collaborate to navigate liquidity shifts, regulatory updates and advancements in automation to drive a more resilient ecosystem?

  • How can you best approach block trades and less liquid bonds in today’s market amid transparency and liquidity challenges? 
  • What parts of the trading process should be automated to improve efficiency and execution? 
  • How are evolving market roles changing interactions between traders, portfolio managers, and non-bank liquidity providers? 
  • Data and analytics developments: Do traders need more data or better tools and what is the impact of new reporting rules on UST and corporate bonds? 
  • Basel III, UST clearing and the shift to T+1 settlement: What are the effects of US regulations on market structure? 

11:35 AM Systematic Trading Interview: Harnessing systematic trading in Fixed Income: How can you drive efficiency and returns for enhanced liquidity and price discovery in fixed income markets?

  • How can you leverage automation to optimize trading strategies and reduce execution costs? 
  • How can you integrate data-driven models to improve trading accuracy and decision-making? 
  • How can you navigate market fragmentation using systematic approaches to maintain a competitive edge? 
  • How can you manage risks in volatile markets with advanced systematic trading algorithms?


1:05 PM Regulatory Panel: Basel III, UST clearing and T+1 post-mortem: What are the effects of these 2024 regulatory changes on fixed income market dynamics?

  • Basel III finalization: How has the 2024 implementation of Basel III endgame reshaped liquidity dynamics?  
  • UST clearing requirements: How has the mandatory clearing of U.S. Treasuries and its anticipated effects on market stability and risk mitigation driven the need for more robust infrastructure? 
  • T+1 Settlement shift: How has the transition to T+1 settlement in the U.S. impacted operational efficiencies, liquidity management, and risk exposure for fixed income investors? 
  • Cross-border Implications: How will these regulatory changes influence international markets and what are the challenges for global participants adhering to differing regulatory frameworks? 


Check out the incredible speaker line-up to see who will be joining Andy.

Download The Latest Agenda