What are the main themes driving the uptake of electronic trading platforms
The key areas of focus for buy-side customers now are their search for liquidity, pursuit of efficiency and preparation for a new cleared world. These themes have been the main drivers of the acceleration in demand for e-trading in fixed income and derivatives markets in the US and Europe. This trend has been evident in those regions for some time and we expect this to continue into Asia. A good example is the European government bond market, where approximately 50% of trade volume executed in the dealer-to-customer space is already traded electronically. If you think about the size of...