Fixed income dealers want to overhaul their technology to drive down costs
The worlds largest investment banks face a tough
decision between going fully electronic or focusing on
traditional sales and trading services if they want to ensure
long-term profitability, a new report has said.
The paper from Tabb Group claims the current low revenue
environment has forced banks and brokers to target short-term
profits at the expense of investments in electronic
market-making technology needed to ensure sustainable
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