Prior to the onset of the financial crisis and the subsequent wave of resulting global re-regulation, the majority of bonds and swaps trading activity within small-to-medium-sized asset management firms, hedge funds and wealth management firms was a game of dependencies.
The European Securities and Markets Authority’s (ESMA) May 2 announcement that 220 of the 71,000 corporate credit and government bonds traded in the EU during Q1 2018 were deemed liquid came as little surprise to any of the market’s participants, globally.
A new report from GreySpark Partners forecasts the ways in which the structure of the fixed income market could change in the future to account for the impact of regulation and the creation of new bank methods for bonds and swaps trading.
The GreySpark report, Trends in Fixed Income Trading 2014, highlights that e-trading technology can provide new ways for banks to maximise the efficiency of their dealing activities as part of a broader effort across the industry to move from a principal model of trading to an agency, broking-centric trading model. The report explores the different ways in which banks are increasingly adopting new, innovative business models for fixed income dealing in 2014.
