High-Tech Trading Firms Race to Grab Bond Market Turf

Bloomberg – In a story about intermediaries Citadel and Jane Street racing to grab bond marketshare, Healthy Markets President and CEO Tyler Gellasch is quoted saying that he “reckons the shift has given rise to more transparent, more efficient trading. But it has also brought in “the risks of who has got the balance sheet and how much the market is dependent on the intermediaries,” (Full Story).

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