Streaming prices in corporate bonds is one of the more fascinating market structure tech developments across the Street. Wrote about those efforts and how some firms view it as an opportunity to cut out the middle man and go direct to the buy side. https://www.businessinsider.com/top-corporate-bond-dealers-pushing-to-electronically-trade-directly-2019-5 …https://twitter.com/dandefrancesco/status/1397899101874884616 …
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So announcements like these are acknowledgement that while streaming pricing is the future, it won’t necessarily occur without trading venues involvement (as some had hoped).
Thanks, that makes sense. The peculiar dance between exchanges & their customers / partners / owners / competitors continues!
