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Special focus: Sub-prime and leveraged loans

Special focus: Sub-prime and leveraged loans

Follow the buildup to today's subprime and leveraged loan problems.

Sovereign wealth funds

Sovereign wealth funds

An in-depth look at the state-owned sovereign wealth funds that dominate the attention of the world's financial markets

November 2006

Government debt: Japan switches on to e-trading

Electronic trading of Japanese government bonds will account for half of the inter-dealer market by the end of 2006, according to estimates in a report published by research firm Celent.




In 2002 the figure was below 20%: for a country famed for its technological prowess, Japan has been slow to switch from more traditional methods of bond sales to the electronic platforms that are the standard in Europe and the US. The main reason for this lag is all too human: the rise of electronic trading platforms will adversely affect the profit margins of the dealers that are being encouraged to adopt...


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