Buy side unconvinced of corporate bond streaming benefits

Direct price-streaming for corporate bonds is struggling to make the impact electronic trading has had on other markets – despite renewed efforts from dealers, who have offered streaming in some capacity for years now.

Asset managers have long complained about the lack of quality pre- and post-trade information in corporate bond markets – specifically, the absence of a consolidated tape for traded prices in Europe, and, more generally, the unreliability of dealers’ pricing indications. 

Now, the