Brett Chappell talks about changes in fixed income trading and how the buy-side needs to respond.
The main points are -
- By 2020 the majority of trades will be electronic
- There is a need to aggregate Data and Liquidity
- Regulation is driving a lot of these changes - MiFID II and CSDR
- There is a cost to on-boarding - spending 6 months on-boarding a new broker or a new platform limits growth and increases risk
Plus many other good points