
Pricing (Corporate Bonds) in the Dark – Risk Magazine (free download)
January 20, 2017 \
5 Comments
Full Article: Download Risk Article
Asset managers claim they have an information edge over dealers when it comes to (corporate) bond pricing. How are sell-side players countering the threat?
Comments
Leave a Reply
5 Comments on "Pricing (Corporate Bonds) in the Dark – Risk Magazine (free download)"
Buy side does have an edge at the moment. Sell side has lost control of the information flow. The quicker it can consolidate the stream of pricing information, the more quicker the imbalance of the information advantage can be corrected. Neither electronic trading nor all to all trading will be the tools to solve this imbalance.
Related Posts
Blackrock’s Richard Prager: The Liquidity Is Out There – Institutional Investor
March 18, 2016Everyone is Worried About the Thing Markets Need Most, But They’re Not Asking the Right Questions – Business Insider
March 25, 2016US Companies Overpaying for Bonds; Banks May Be to Blame – Reuters
March 31, 2016