Are VMUs Even Necessary?

STP

Following the collapse of GSTPA, other competitors tweak their marketing plans. By

Jurgen Marziniak knows where the blame should lie for the demise of GSTP, the virtual matching utility (VMU) that declared bankruptcy two months after going live. "Matching requires two partners," says the beleaguered CEO of the former company, who found the buy side unwilling to embrace the idea. "You need someone who buys and you need someone who sells. At the end of the day there was no business and no

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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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