Electronic platforms ride out the storm

Electronic trading of credit has suffered in the past year as the liquidity in the broader market has dried up. There is evidence that fewer banks are willing to make a market on many electronic platforms. And where prices are available, buy-side investors appear to be increasingly using electronic platforms as a means of price discovery; for trades they are seeking the certainty of voice broking.

"The credit crisis has had a huge impact on all the electronic platforms," says Andy Nybo, senior