Does Pimco rely on tools from the sell side or are they primarily built in-house?
It has been our philosophy since our founding 35 years ago that our technology would be developed in-house.
Has this offered advantages – like not being too reliant on the sell side?
Yes, particularly in the mortgage market, but also with the derivative markets, treasury futures and options as well as the credit default market. All our technology across those markets is proprietary. It's definitely a competitive
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails