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Corrected: BlackRock, Alliance Bernstein tapping more into electronic bond trading


(In Jan 11 item, corrects name of firm in headline, 1st, 2nd, 4th and 10th paragraphs to Alliance Bernstein from Vanguard)By John McCrankNEW YORK (Reuters) - Electronic trading is becoming increasingly important when it comes to corporate debt as fund management firms try to knit together sources of liquidity in a fragmented market, executives from Alliance Bernstein LP and BlackRock Inc said on Thursday. "Our goal by the end of the year is that every trade we do is going to be done electronically," Jim Switzer, global head of credit trading at Alliance Bernstein, said at the inaugural ...

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First Published: Fri, January 12 2018. 20:49 IST