A Greenwich Associates study shows 40% of institutional bond investors trade at least some of their bonds through online systems, which include TradeWeb, Merrill Lynch’s IDeal and LMMS and Bloomberg’s Bond Trader. That’s up from 35% in 2000 and about 20% in 1999.
In terms of volume, 23% of bond transactions are done electronically, up from 16% last year, Greenwich found.
