Goldman Sachs has trebled the number of bonds included in its algorithmic trading programme to 7,000 and is planning to expand into junk bonds from corporate bonds 2016. The largest investors are automating more of their activity, freeing up traders to work on larger and more complex trades as they expand from equities into other asset classes. Stricter regulations and tighter capital adequacy rules have cut margins and led many to greater automation. About 80% of US corporate bond investors in the US use some form of electronic trading, according to a this year survey by Greenwich Associates.
Goldman Sachs has trebled the number of bonds included in its algorithmic trading programme to 7,000 and is planning to expand into junk bonds from corporate bonds this year. The largest investors are automating more of their activity, freeing up traders to work on larger and more complex trades as they expand from equities into other asset classes. Stricter regulations and tighter capital adequacy rules have cut margins and led many to greater automation. About 80% of US corporate bond investors in the US use some form of electronic trading, according to a 2016 survey by Greenwich Associates.