Wall Street banks are taking tech into the tougher corners of fixed income, and it could lead to a re-imagining of how trading desks are organized

Österreich Nachrichten Nachrichten

Wall Street banks are taking tech into the tougher corners of fixed income, and it could lead to a re-imagining of how trading desks are organized
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Traders looking to reduce time and human error are starting to integrate technology. One former T. Rowe Price trader imagines the next step.

that handle smaller-size bonds known as"odd lots," and algorithms will now handle the trading of these bonds.

"If you're using a platform that allows you to trade multiple assets, like bonds for European corporates, emerging markets, investment-grade, high-yield and munis, then a person who's familiar with that piece of software may be able to execute any of those trades since it's functionally the same workflow," Sedgwick, now a consultant, said.

"People are starting to look at the entire process, from portfolio managers to the trading desk and back to say 'what manual processes can we automate, where can we standardize workflows?'" Sedgwick said. "In a low-rate environment, cost savings from trading could be a defining factor of your return profile," Sedgwick said, noting that savings could be passed onto clients."The key is to make sure all of this is driven around concerns around best execution."

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

BusinessInsider /  🏆 729. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Wall St. advances ahead of Fed policy meetingWall St. advances ahead of Fed policy meetingBanks and tech helped lead Wall Street higher on Monday, while Boeing and Facebo...
Weiterlesen »

Forget Falling Chip Prices, Micron Stock Is CheapForget Falling Chip Prices, Micron Stock Is CheapEven though chip prices continue to fall, the big chip maker’s shares are oversold amid early signs of stabilization.
Weiterlesen »

Wall Street treads water as Boeing, Facebook weigh; Fed meeting on tapWall Street treads water as Boeing, Facebook weigh; Fed meeting on tapU.S. stocks flitted between gains and losses on Monday, with losses in Boeing an...
Weiterlesen »

Wall Street looks to leave behind the half-year bear scareWall Street looks to leave behind the half-year bear scareInvestors have lived for half a year in the shadow of the bear, and now find the the indexes on the cusp of breaking back into the light.
Weiterlesen »

German bank champion will be made on Wall StreetGerman bank champion will be made on Wall StreetCommerzbank counts Goldman Sachs as an adviser. Paul Achleitner, chairman of partner Deutsche Bank, worked at the U.S. firm, as did Germany’s deputy finance minister. Cerberus President Matt Zames, formerly of JPMorgan, is advising Deutsche. The deal owes much to American nous.
Weiterlesen »

Wall Street bull Julian Emanuel predicts 'unadulterated performance chase' toward all-time highsWall Street bull Julian Emanuel predicts 'unadulterated performance chase' toward all-time highsBTIG's Julian Emanuel predicts financials bolstered by a Brexit deal will lead the next leg of 2019's rally.
Weiterlesen »

Wall Street opens higher as Fed expected to hold fireWall Street opens higher as Fed expected to hold fireU.S. stocks opened higher on Tuesday as investors expected a more accommodative ...
Weiterlesen »

Wall Street Is All In on Amazon’s StockWall Street Is All In on Amazon’s StockAll 40 analysts with ratings surveyed by FactSet now have the company rated a Buy.
Weiterlesen »

Better economic data needed before Wall Street can rise back to all-time highsBetter economic data needed before Wall Street can rise back to all-time highsStocks kicked off 2019 with a bang, but markets will need improving economic data to make a run at last year's records.
Weiterlesen »

Wall Street Journal: Transportation Department inspector general investigating FAA's approval of Boeing 737 MaxWall Street Journal: Transportation Department inspector general investigating FAA's approval of Boeing 737 MaxThe Transportation Department's Inspector General has opened an investigation into the Federal Aviation Administration's approval of Boeing's 737 Max planes, the Wall Street Journal reported on Sunday
Weiterlesen »

Analysis | Did Wall Street get a ‘trillion-dollar bailout’ during the financial crisis?Analysis | Did Wall Street get a ‘trillion-dollar bailout’ during the financial crisis?Sen. Bernie Sanders claims Wall Street firms received $1 trillion during the financial crisis. We check his math and find it exaggerated.
Weiterlesen »



Render Time: 2025-04-08 05:24:09