IA calls for regulatory intervention to increase transparency in fixed income markets

In efforts to provide greater transparency

The Investment Association (IA) has laid out a number of measures to increase transparency within bond markets, including widening the availability of data, which the trade body said would aid asset managers in their regulatory duties on best execution.

A paper published by the IA today lays out its concerns on fixed income transparency and its suggested remedies, which call for regulatory intervention to reduce market data costs and the establishment of an electronic system which would provide real-time data on trading volume and price. MiFID II blog: Allfunds launches Share Class search tool Under MiFID II, which came into force in January, asset managers must take "all sufficient steps" to achieve best execution for their clients and are required to report on and disclose their top five execution venues on an annual basis. In i...