Last week, in a city café, opposite me, the Head of Trading from a well-regarded asset management firm. As our conversation flowed, he revealed an unexpected detail that their buy-side EMS trading front-end, is still humming on Citrix. “Citrix? Now that’s a name I haven’t heard in this context for a while, that was late 1990s and 2000s” I mused, …
Best execution in fixed income trading -Rhetoric or reality?
The obligation to achieve ‘Best Execution’ in the trading world is clear, but is this just a matter of rhetoric for many fixed income buy-side firms, or is it a tangible reality? As we dive into the specific challenges of executing trades in bonds and derivatives, we question whether the traditional methodologies stand up to scrutiny or if there’s a …