A Change Is Gonna Come

INSIDE MARKET DATA FIXED INCOME SPECIAL REPORT

Tullett Financial Information managing director David Mukerji foresees fundamental changes in the fixed-income market

IMD: What was the biggest development for the fixed-income data market in 2004? How did the playing field change?

Mukerji:

For me, 2004 was the year that the major vendors set out their stalls. Thomson's acquisition of TradeWeb, Reuters' acquisition of ICOR and talk of a swaps matching system, and Bloomberg's continued push to add to its portfolio of fixed-income transactional

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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