Ownership since 2004 reveals a continuous decline in individual investor direct ownership of municipal securities while ownership through funds has steadily risen. Read the report.

Detailed analysis of the municipal taxable bond market, significant increases in 2020 and historical changes.

This paper focuses on the impact of electronic trading technology on the municipal securities market by analyzing inter-dealer trading activity on alternative trading systems (ATSs) and broker’s…

Market summary of municipal market trading and shifts in market behavior and structure since 2010, driven by customer purchases.

Detailed analysis of the municipal market during the market dislocation as a result of the COVID-19 pandemic.

Analysis of pre-trade quote data for municipal securities available to market participants on alternative trading systems (ATSs).