Which corporate bond trading platforms are lost causes?
LONDON, Feb 13 (IFR) – Around 30 e-trading platforms are currently competing to address the liquidity crisis in corporate bond trading, but market players say most will fall by the wayside in the months ahead.
“There are 30-odd platforms currently looking for a share of activity,” Mark Benstead, senior portfolio manager for UK credit at L&G, said at a recent credit conference.
“But there certainly won’t be 30 in a year’s time.”
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