20 Sep 2004, Patrick Fletcher, Risk magazine
“The market is always looking for more transparency, and electronic trading provides this,” he said.
Electronic trading has already become important in the inter-dealer market. However, this will be the first electronic trading service using Bloomberg targeted at the buy-side.
Seeger declined to put a figure on the volume of trading he expects to see going through the system. But he said “onscreen trading cannot replace personal contact between the sales team and the client”.