Selective RFQ: Voice Bridging E-Trading
The historical divide between all-to-all order books and voice or chat driven OTC trading is eroding, as market participants look to new and innovative models to harness the new trading infrastructure while still preserving the advantages of the traditional workflow in markets where liquidity is fragmented and challenged. Regulations such as MiFID II has had a hand in initiating market structure evolution but was not the only change agent. TABB Group spoke with market participants in order to secure their impressions around Selective RFQ (request for quote).
- Fixed Income