Fear of ratings downgrades puts companies off debt-driven deals
Higher borrowing costs have increased the cost of losing prized investment-grade status.
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Higher borrowing costs have increased the cost of losing prized investment-grade status.
Traders Magazine 0 Shares Leveraging next-gen technology, AllianceBernstein made fixed income trading history by becoming the first buy-side firm to receive aggregated liquidity from multiple buyers on the same block trade. The trade was enabled by LTX, a Broadridge Company , and powered by LTX’s patented RFX protocol. AllianceBernstein tapped into its dealer’s customer network to sell a large block of bonds and access aggregated liquidity from four buyers at once and in real time. “A challenge facing many asset managers is how to trade blocks of bonds more efficiently,” said ...
/PRNewswire/ -- Leveraging next-gen technology, AllianceBernstein made fixed income trading history by becoming the first buy-side firm to receive aggregated...