SIFMA Releases Electronic Bond Trading Platform Report For U.S. Corporate And Municipal Securities

SIFMA today released the results of its survey of electronic bond trading platforms for U.S. corporate and municipal securities.  The survey results highlight a fixed income market structure that is evolving and adapting given regulatory and market constraints, and reflects a significant market focus on electronic trading as an emerging part of fixed income market structure. At this stage, the survey revealed that the platforms have primarily focused on the corporate bond market which has approximately $8 trillion outstanding and over $1.4 trillion issued in each of the last three years. Platforms have deployed innovative solutions to improve pre-trade price transparency as well as address various dimensions of the liquidity challenges in fixed income markets.