High-profile deals signal appetite for fixed-income growth
Amid renewed interest in the bond market, big firms are making strategic acquisitions to get in on the action.
The combination of more venues, greater competition, more asset classes becoming electronically tradable, and deeper liquidity is fostering consolidation among vendors, and the feeding frenzy has enticed industry stalwarts with already robust offerings, as well.
In March, Bloomberg announced it had entered into an agreement to acquire fixed-income trading technology provider Broadway Technology. The deal comes as electronic trading volumes in the rates and credit markets are growing—for example
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