Compared to its peers, Deutsche Bank's bond trading
activities however showed a subdued rebound, in part related to its decision to trim the unit.
Simon Fasdal, Head of Fixed Income Trading at Saxo Bank, commented, "I am proud that the next step in Saxo Bank's history of democratizing trading and investment is to truly digitize bond trading
. Many providers who have attempted to address the issue of electronic bond trading
have failed because they took the wrong approach by trying to copy equity style trading into a fragmented market and ignoring issues with liquidity and indicative prices.
The reported restructuring isn't the first time in recent years that Morgan Stanley has turned its attention to bond trading
. In 2013,AaAeAeA executiv said they were focused on (http://www.wsj.com/articles/SB10001424127887324682204578513583116318610) slimming down the fixed-income division in order to increase companywide pro
But the bank is not responding by dialing up its risk-taking in commercial lending, and it views falling revenue in its bond trading
business as part of a business cycle instead of a symptom of a broad-based and lasting decline in fixed-income trading.
Through the acquisition, New York-headquartered Liquidnet will combine its experience, scale and global reach within the institutional investment community with the corporate bond trading
platform and sector expertise of the target, thus boosting efficiencies within the corporate bond market, it explained in a press release.
The biggest boosts in profit came from its securities and banking unit, where bond trading
revenue rose 18 per cent, while stock trading revenue soared 68 per cent, and underwriting and advisory was up 21 per cent.
In November 2009, automated bond trading
was launched, and from April 2010, all bonds traded at the stock exchange were done through the automated system.
Name Laurie Bond Trading
Laurie Bond Where you stand Pitch 87, Tattersalls Years at Glorious Goodwood I've been standing at this meeting since 1987 Fattest bet taken?
Plans to introduce a bond trading
platform on the stock exchange come as banks in Qatar, which will host the 2022 World Cup, gear up for a massive lending spree to help finance the country's upcoming $100 billion infrastructure building program.
German exchange Deutsche Borse will restart bond trading
on its Xetra trading platform after having an interim injunction lifted by the Higher Regional Court of Frankfurt.
KARACHI, January 11, 2010 (Frontier Star ): Syed Salim Raza, Governor State Bank of Pakistan has said that Electronic Bond Trading
Platform will enhance investor's base of the sovereign debt market as it will attract investors from the non-banking sector as well resulting in higher liquidity in the government securities.
Crandall joined MassMutual in 1988 and has held several leadership posts, including head of corporate bond management, public bond trading
and institutional fixed income.