Late adopters: why buy-siders are sticking to RFQ

Asset managers have been slow to embrace alternative trading protocols in fixed income

isolation-0317

Investment banks have talked of asset managers playing a new role as price-makers, trading with each other directly, perhaps algorithmically on order book platforms – as banks retreat from their role as liquidity providers.

But the same enthusiasm is not necessarily shared by the buy side. Fixed-income platforms are struggling to recruit asset managers onto their central-limit order books (Clobs) – venues that anonymously match buy and sell orders – as demand for request for quote (RFQ) trading

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