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Comment by HFguy

Some markets, for example, corporate bonds, are mostly on BB chat. They are dealer markets. And dealers will provide “runs” of prices on chat. List of 200 bonds and their prices.

So if you want to trade bonds, need BB as that is where it is happening. Keep in mind some of these bonds trade infrequently (sometimes few times a month).

Having said that, there are more and more bonds trading electronically all the time.

parent HFguy 1 month ago

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