Regulatory Big Bang: MiFID II Challenges and Opportunities
European buyside traders have called for a fresh approach to corporate bond trading to ease the problems of liquidity the market is expected to face when new regulations come in for fixed income next year. […] Franck Chatillon, chief executive of Geneva-based Greenwich Dealing, a provider of outsourced dealing solutions for the buyside, said the challenge will be particularly acute for smaller buyside firms: “The corporate bond market is currently not very liquid and the effects are worse for small and mid-sized asset managers. Investment banks tend to concentrate the liquidity they offer to their largest clients, which is the case in both the primary and secondary markets.”
Related posts
