Credit Market Awaits Automation
Broach the subject of the introduction of algorithmic trading within the credit market with traders and you’re likely to get, at best, a lukewarm response. After all, credit—the largest market in the global financial services industry—has always been behind the adoption curve when it comes to trade automation compared to other markets such as equities, foreign exchange (FX), listed derivatives, and futures.
John Jay, senior analyst at industry research firm Aite Group, says algorithmic trading
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