... well not yet.. But it's coming !.
Greenwich Associates takes a view on the top 10 Market Structure trends for 2020. In 8th place is "meaningful automation comes to Fixed Income Markets". Well, it's about time! Whilst they call out US corporate bonds markets in 2019 where electronic channels including Request for Quote (RFQ) "increased by over $2 billion a day" the trend is clear for derivative markets too. Greenwich go on to say that "even in those corners of the market where deals are done over the phone, the role of technology is pervasive". OTCX's mission is to bring analytics, operational efficiencies and regulatory compliance to our clients in OTC markets.