>Unlike the stock market, the bond market doesn’t have a centralized system where traders can plainly see the fees involved in the trade. I thought that, that

>Unlike the stock market, the bond market doesn’t have a centralized system where traders can plainly see the fees involved in the trade. I thought that, that marketplace is the bloomberg chat embedded in the bloomberg terminal, and IMO it's working good enough for big banks, I understand that lowering the barrier entry for FI will bring more liquidity but it's going to be a tough sell for big banks, which have >90% bond trading marketshare .