The changes at TD offer a window into the automation that is sweeping the fixed income industry more broadly and making jobs redundant across Wall Street. Last year, 48% of US investment-grade bonds ...

In the first quarter of this year, 18.6% of new-issue volume in the market was traded electronically, up from 17.3% last year ...

Through its affiliate, TD Securities Automated Trading LLC, TD Bank has joined LTX, an AI-powered corporate bond trading platform supported by global fintech leader Broadridge Financial Solutions.

For example, since bonds ... without automation. I expect we will continue to see new forms of market activity like this, built on the back of electronic trading workflows. For example, OpenYield (in ...

though challenges in adding automation and navigating a tough economy as a regional bank remain. During that time, Dmuchowski and other senior executives, who are located in different cities and were ...