The Expanding role of algos in block trading and market liquidity

Algorithmic trading is reshaping fixed income markets, with dealer algos now supplying liquidity to 96% of RFQs across US and European credit markets.

Their reach is expanding rapidly—improving execution quality, pricing efficiency, and liquidity. Since 2021, unique bond coverage by algos has surged 82%, alongside increased algo participation in larger trade sizes. The increasing reliance on algorithms is transforming the trading landscape—enhancing speed, efficiency, and market depth.

Learn more in our latest AxessPoint.