| Headline: Bond trading poll - Kings of credit and liquidity Source: Euromoney Date: May 2000 Author: Anja Helk Click here for Bond trading poll The nature of bond trading is changing, with more emphasis on good credit advice and the need to provide liquidity for clients. But the usual suspects still rule the game, with a few notable improvers, according to Euromoney's annual bond-trading poll, writes Anja Helk A handful of players dominate the major bond-trading disciplines. Deutsche Bank heads Eurobond and government bond trading and leads the field in many of the separate credit products. Warburg Dillon Read, ABN Amro and Morgan Stanley Dean Witter are close on Deutsche's heels. But honours for the most progress among the top players would have to go to MSDW. It has shown that it's possible to break into new territory with some impressive leaps forward in corporate bonds, sovereigns, bank and government bonds. David Cohen, head of investment-grade trading at MSDW, is not surprised. "Though few people would be surprised at our top ranking in US dollars, the sterling market was not considered to be a traditional strength for us. |