Multi-dealer platforms gear up for credit e-trading adoption

Electronic ambitions

The fixed income trading world is evolving. The dislocation in many markets during the financial crisis has led both buy- and sell-side market participants to consider the benefits of electronic execution. Meanwhile, regulatory initiatives in the US and Europe, although focused primarily on derivatives, are expected to drive increasing volumes of both credit derivatives and cash bonds onto electronic platforms.

Figures from a survey of European fixed income investors by the Association for