Thin liquidity makes human touch vital – credit buy-siders
Reliance on e-trading risks being 'left out in the cold' when markets dry up, say panellists at Risk USA
All-to-all electronic trading platforms have been touted as a possible solution to thinned-out liquidity in credit markets, but buy-siders say they aren't ready to abandon traditional broking just yet.
Speaking at the Risk USA conference in New York on October 22, Zack Ellison, director of US public fixed income for Sun Life Investment Management, told delegates: "When you think about e-trading, there's a paradox. If everybody uses an electronic platform and then there's some liquidity event and
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