Participants across Tradeweb, TransFICC, Propellant, FlexTrade Systems and Trumid explore expected innovations and technological advancements for the year to come.
Mike Sobel, co-CEO and President, Trumid
US bonds recorded their best month in nearly 40 years in November. With attractive yields and increasing accessibility of the asset class, fixed income is drawing in a more diverse set of market participants. New interest players, such as systematic quants and retail investors, along with more traditional buy- and sell-side institutions are focused on the credit market.
With alternative participants entering the credit space, technological advances, and the proliferation of market data, the tailwinds for the adoption of more advanced electronic workflows are giving rise to a new era of tech-enabled credit trading. Client interest in intelligence and automation is accelerating as tech-savvy and data rich users seek agile platforms that can rapidly innovate alongside them and provide the aggregated and customised insights that they need.
The credit electronification story is far from over. Greater adoption is creating a network effect – driving liquidity and the velocity of the asset class. Over the next 12 months, we therefore expect technology to play a greater role with intuitive workflows, protocol flexibility, and data-driven decision-making tools adding the greatest value to traders and investors.
Read the full article on thetradenews.com