
Robots Conquered Stock Markets. Now They’re Coming for Bonds and Currencies – Bloomberg
March 8, 2019 \
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Full Article: Bloomberg
The stakes are huge for Wall Street banks competing in the $22 trillion market for U.S. Treasuries and corporate debt and the $5.1 trillion-a-day foreign-exchange market. Handling fixed-income products remains one of industry’s biggest revenue generators. Now firms must disrupt the old model by building out their electronic platforms, or they risk getting sidelined in the future.
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