Fixed Income

JonesTrading’s Fixed Income (JFI) is perfectly aligned with our firm’s relationship-driven approach, led by a team of seasoned industry veterans who understand the unique needs of each client. Our comprehensive fixed income capabilities are tailored to help our client access liquidity across the entire credit spectrum. With proven sources of liquidity in both primary and secondary trading, JFI provides clients with deep market insights and execution excellence across specialized markets.

Michael Coffey

Michael Coffey, Managing Director and Head of Fixed Income

Mr. Coffey is a Managing Director and the Head of Fixed Income at JonesTrading. Michael has over 20 years of experience in the credit markets. Michael has built a competitive preferred stock franchise, while also trading various fixed income instruments that include corporate bonds, high yield debt, US Treasury bonds, and convertible bonds. Prior to JonesTrading, he served as the Head of Preferred Stock Desk at LPS Capital.

  • Deep pools of institutional liquidity
  • Block trades on behalf of institutional clients and broker dealers
  • Experienced team of sales traders with extensive client relationships
  • Riskless, agency-model working client orders anonymously and without conflict of interest

  • Preferred Securities
  • Hybrid Capital
  • Investment Grade Corporates
  • High Yield & Distressed Debt
  • Convertible Bonds
  • U.S. Governments

  • Trading with over 150+ counterparties
  • Captive internal order flow from Outsourced Trading clients
  • Access to electronic trading venues
  • Live actionable bond quotes
  • Clearing Firms – BAML, GS, Pershing

Michael Coffey
Head of Fixed Income Trading
JonesTrading Institutional Services LLC
900 Island Park Drive, Suite 200
Daniel Island, South Carolina 29492
mcoffey@jonestrading.com
212.907.5394 – office