Buy side prefers voice trading to electronic execution
E-trading figures not entirely reflective of market, claim traders
Buy-side firms still prefer voice trading to electronic execution for primary price discovery and bespoke trading strategies, and find relationship-based voice trading a "better experience", despite electronic trading gaining significant ground over the past year.
Despite recent estimates putting the share of electronic trading to as much as 75%, real-money institutions in particular say the figure is overly high and doesn't accurately reflect trading activity in the market.
"For the most part
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