Nearly two-thirds of European buy-side fixed income desks are considering partnerships with three or more platforms and technology providers to maintain a competitive edge, while one in ten respondents would consider more than six technology solutions, according to a study from Pictet Asset Management. Meanwhile, 29% of respondents said they increased the number of counterparties they traded with by at least 50% as a result of MiFID II's best execution rules, while two-thirds had altered best execution practices because of the new regulatory framework.
Nearly two-thirds of European buy-side fixed income desks are considering partnerships with three or more platforms and technology providers to maintain a competitive edge, while one in ten respondents would consider more than six technology solutions, according to a study from WBR. Meanwhile, 29% of respondents said they increased the number of counterparties they traded with by at least 50% as a result of MiFID II's best execution rules, while two-thirds had altered best execution practices because of the new regulatory framework.