On a stronger footing

E-trading

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Until two years ago, banks were rushing to introduce electronic trading platforms for fixed income securities like there was no tomorrow. One year later, this ‘must have’ mentality was replaced by a more sober assessment of the role that e-trading has to play in the bond markets, and these same platforms started falling like nine-pins.

In its 2002 review of fixed income e-trading, the Bond Market Association (BMA) put the grand total of platforms that were scrapped last year at 21. According to

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