The world’s largest asset manager and trading platform have formed a partnership to improve bond trading.
“To be able to improve your capacity to trade in very volatile environments as well is definitely a key benefit of further deepening these integrations,” the companies said.
The partnership will give users access to all-to-all trading that allows buyers and sellers to deal directly with each other rather than relying on market makers such as banks.
As interest rates rose and recession concerns deepened, the value of corporate debt plummeted.
This year, the Federal Reserve of New York started publishing monthly updates on U.S. liquidity.
Corporate bonds can be used to identify signs of market distress similar to those seen during the global financial crisis and early 2020.
The market functioning continued to appear healthy, although “strained” in the investment grade part of the market, according to a report last month.
For More Info Click The Link Below!
Share If You Like The Story!