Hunt for toxic flow hits one of banking’s old problems

Wider use of mark-out tools helps banks spot ‘bad’ trades – and also stirs debate on pay

This article is the third in a four-part series on front-office digital change. The first two are available here and here.

To illustrate what his business has been working on for the past year, the trader holds up a graph on a single piece of paper: the y-axis reflects the spread for a single transaction, positive numbers dropping to zero and then into negative territory, while the x-axis shows time passing. On this background is a single, jagged blue line, starting high up on the extreme left

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: