Industry participants push for standardisation in primary markets

Primary markets inefficiencies in fixed income create major operational risks and costs to buy-side and syndicate desks. Yet, many market participants are generating momentum to resolve these legacy-laden problems.

Trader TV speaks to James Frew, co-head of fixed income trading, at Pictet Asset Management, Mike Poole, head of trading, at Jupiter Asset Management, and Olivier Dermeux, executive director of fixed income strategy at S&P Global Market Intelligence about how this space can progress and how standardisation and industry collaboration need to become core components of that evolution.

Dermeux discusses what industry collaboration could look like and how innovations can play a role in implementing a new standard process for primary markets.

Frew and Poole unpack the next steps in driving this initiative forward and the importance of developing wider spread adoption of new processes, particularly across syndicate banks.