The infrastructure market for bond trading has shifted from principal trading to agency trading. a. Why were

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The infrastructure market for bond trading has shifted from principal trading to agency trading.

a. Why were trades historically done on a principal basis?

b. What does it mean that bond trades are executed on an agency basis?

c. Explain why this shift has occurred.

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Bond Markets Analysis And Strategies

ISBN: 9780253337535

10th Edition

Authors: Frank J. Fabozzi, Francesco A. Fabozzi

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Question Posted: Jan 21, 2024 12:09 PM

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The infrastructure market for bond trading has shifted from principal trading to agency trading. a. Why were

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a Trades were historically conducted on a principal basis due to the nature of the bond market In principal trading a dealer or broker buys securities ...View the full answer

Bond Markets Analysis And Strategies

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