The final frontier

Rates. FX. Treasuries. Government bonds. All asset classes that have been swift to adopt e-trading on single-dealer, proprietary systems. But credit has so far remained resistant to the idea - a situation only exacerbated by the financial crisis. Simon Boughey asks why

The decision to provide a proprietary single-dealer e-trading platform for a bank's clients is based upon the belief that it can furnish a different level of service than is available anywhere else on the Street. Those shops that have taken this route -Barclays and Deutsche Bank, for example - believe that this criterion has been fulfilled. But what is also clear is that the volume of pure credit products traded on single-dealer systems remains a fraction of the entire market.

In the last 10

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here