One third of European corporates still instruct financial transactions via phone.
RFQ will continue to be an efficient way to interact electronically, but the industry needs innovation.
Automation allows settlement in a week rather than the typical 90-120 days.
Traders can leverage algorithmic workflows to more efficiently tap into liquidity pools.
DCM Flow, powered by Nivaura, offers a secure platform to digitise and automate the origination process.
FMSB said precious metals market could learn from other FICC markets in adopting automation.
Intelligent automation can speed and reduce defects in all manual processes around trading.
Refinitiv has released an ‘Evolution of Trading’ series covering equities, fixed income, and FX.
Trade automation was a record in terms of trading volume, trade count and active clients
