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Automating fixed income in Asia

Why do some firms automate processing of Asian equities but not fixed income?
Automating fixed income in Asia

While the equities world in Asia has benefited from a sustained, widespread industry drive toward automation and straight-through processing (STP) of trades, fixed income has largely remained very manual. Until recently this was acceptable because the Asian bond universe was relatively small, and only affected niche players in a significant way.

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