Interdealer brokers embrace buy side as bank dominance slips
Tradeweb considers integrating interdealer and client liquidity pools
Interdealer brokers (IDBs) are increasingly keen to pull buy-side customers onto fixed-income trading platforms that have traditionally been dominated by large banks, as they attempt to bring in additional sources of revenue in markets where many dealers have withdrawn from market-making.
Speaking at the Fixed Income Leaders Summit in Boston on June 8, representatives from platform operators BGC Partners and Tradeweb said that merging liquidity pools between the sell side and the buy side and
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