“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”.
The week on Risk.net, August 19-25, 2016Receive this by email