In this paper we will discuss about the fixed income trading system. It offers several trading facilitates to the brokers and traders. Therefore, the popularity of fixed income system is increasing day by day. Earlier, the fixed income trading was operated over the telephone, that is, the trading system was based on telephone.
Of late, this system is made fully electronic like any other financial system. Fixed income is a kind of investment that is associated with fixed payment. Suppose, if someone wants to borrow money and has to pay a monthly interest then, he or she can go for a fixed income issue. If a company goes for a fixed income security then it will be termed as bond.
Now days, numerous brokers, asset managers, corporate treasurers are going for fixed income trading because of its greater profitability. Both the sell side and buy side of fixed income markets are entering into the market with new ideas.
The liquidity offered by the fixed income market is high. The traders here can select the best prices without searching it in several fixed income portals. The fixed income trading system offers some sophisticated search tools, which helps the traders to search the best prices, with the criteria given by them, quickly.
The fixed income trading system facilitates the traders with some efficient trading models, which enable them to automate the process of submitting limit orders and requesting quotes.