Foreign buyers jolt e-trading in Japan government bonds
Platforms report rise in small-ticket volumes, but bigger trades remain on voice
A row of bankers seated at their desks with telephone handsets pressed to their ears hardly evokes the image of a modern 21st century fixed-income trading room. Especially one in the financial capital of a country known as an electronic technology pioneer.
But this is the scene that might confront a person taking a tour of a government bond trading floor at one of Tokyo’s investment banks or securities brokerages today. That’s because Japan’s trillion-yen government bond market has long been a
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