
Electronic Bond Trading Platforms Seek to Attract Larger Orders – Bloomberg
February 25, 2016 \
8 Comments
Full Article: Bloomberg
Electronic platforms are trying to change a system where, for decades, buying and selling has taken place over the phone among investors who prize discretion in the thinly traded market.
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8 Comments on "Electronic Bond Trading Platforms Seek to Attract Larger Orders – Bloomberg"
In Europe the Govt eTrading orders are significantly down for the last 5+ years. All in Euroland claim that their volumes with the smaller orders are picking up this gap which I doubt. Also many are saying volumes n their IRS platforms which a widers product group covered is picking up the slack?
I echo Jester’s thoughts here. Have operators studied the markets they are trying to imitate? Even in the most liquid markets with standardized price discovery round lots don’t trade electronically. Dark pool average trade size is a couple of hundred shares. It sounds like the thought process is customers + electronic connectivity +lifting protocols from other markets that haven’t there worked for round lots = ROUND LOTS HERE! Maybe this time it’s different…..anyone know how the newer venues are doing?
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