The world of corporate bond trading is in a transition, according to a new report by market research firm Woodbine Associates, and that could mean even more pressure on buy-side IT departments already slammed with demands from post-crisis regulations. In a nutshell, the report, “Changing Approaches to Credit Trading,” says buyers, sellers and trading venues… Read More >>
GFI Launches Platform for ‘Odd Lot’ Corporate Bonds
Interdealer broker GFI Group reports that it has launched a dealer-to-dealer electronic trading platform for so-called odd lot corporate bonds in the U.S., officials say. An “odd lot,” whether of a stock or a bond, is generally defined as a smaller trade such as those that are fewer than 100 shares of a stock. “Odd… Read More >>
SEFs Exchange Fire at SEFCON V
The claws came out at Wednesday’s SEFCON V conference as panelists representing swap execution facilities (SEFs) run by Bloomberg and UBS exchanged a series of playful jabs at one another, underscoring the rough-and-tumble reality of intense competition in a market that’s just getting off the ground. Responding to a question about the merits of the… Read More >>
