January 08, 2014
Bond Volumes Drop Steeply But With Shift to e-Trading
It probably comes as no surprise that bond market volumes decline steeply in the last couple of weeks of December as the holiday season kicks in. Traders are typically taking less risk and the markets are winding down towards the end of the year. In our experience, we also see a marked shift towards a greater share of electronic trading during December as investors turn to MarketAxess, for example, for transitions and end-of-year portfolio rebalancing.