Homeowners fed up with high-priced contractors that do low-quality work often take a do-it-yourself approach to home improvement. Asset managers, it seems, are no different.
As dealers retreat from trading over-the-counter products, and charge more for the trades they do, some on the buy side are trying to create their own liquidity through internalisation – essentially intermediating trades in-house instead of via a dealer or public exchange.
"We owe it to our clients to optimise pricing liquidit
The week on Risk.net, March 10-16 2018Receive this by email