
If A Tree Falls in the Forest: Illuminating the True Costs of Corporate Bond Electronic Trading – ViableMkts
January 26, 2017 \
7 Comments
Full Article: ViableMkts
It is very surprising that as buy-side institutions laud corporate bond electronic trading, very few fixed income asset managers know the true details of their transaction costs. In other modernized markets like equities, asset managers must be intimately aware of transaction cost details for electronic trading for two crucial reasons
Comments
Leave a Reply
7 Comments on "If A Tree Falls in the Forest: Illuminating the True Costs of Corporate Bond Electronic Trading – ViableMkts"
This is one of those “set it and forget it” kind of things. Definitely an important issue to bring to the forefront!
I was at a recent conference where I heard a buy side firm say “they wanted the incumbents to develop the better protocols they are seeing from new entrants”. That gets a 100 on the laugh-o-meter. Yes, let me step right up and develop something that could erode my fat core business, acknowledge and compete in price and innovation with an upstart. As Jester noted, stop looking over your shoulder.. and look in the mirror.
Great points, Merlin…really sobering.
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