The Bonds Electronic Trading Landscape 2017 — Part 2 of Trends in Fixed Income Trading 2017
This report explores the contemporary electronic bonds trading venue landscape. Quantitative analysis of the bonds e-trading landscape aims to put into context and track the advancement of how the historically central role of sellside broker-dealers in the intermediation of liquidity flows is being eroded by regulation and is instead being replaced by new structures outside the confines of the investment bank balance sheet. In the bonds market, these structures and technological tools are increasingly focused on directly incorporating pricing and liquidity depth produced by buyside firms.
https://research.greyspark.com/2017/the-bonds-electronic-trading-landscape-2017/