March 20, 2024 (NO COMMENTS)

Platforms report rise in small-ticket volumes, but bigger trades remain on voice

A row of bankers seated at their desks with telephone handsets pressed to their ears hardly evokes the image of a modern 21st century fixed-income trading room. Especially one in the financial capital of a country known as an electronic technology pioneer.  But this is the scene that might confront a person taking a tour of a government bond trading floor at one of Tokyo’s investment banks or securities brokerages today. That’s because Japan’s trillion-yen government bond market has long been a