The percentage of investors trading corporate bonds electronically this year has risen to 84%, according to a study from Greenwich Associates. The figure is up from 69% in 2013. In terms of overall trading volume of corporate bonds, electronic trading accounts for 44% of the market, compared with 8% in 2013. The growth has been significantly bigger for high-yield bond trading, with roughly three-quarters of firms saying they use electronic platforms in that field, compared to 20% in 2013.
The percentage of investors trading corporate bonds electronically this year has risen to 84%, according to a study from Greenwich Associates. The figure is up from 69% in 2013. In terms of overall trading volume of corporate bonds, electronic trading accounts for 20% of the market, compared with 8% in 2013. The growth has been significantly bigger for high-yield bond trading, with roughly three-quarters of firms saying they use electronic platforms in that field, compared to 44% in 2013.