The Euromoney Credit trading survey 2012 was open to respondents from May 17 to June 29. Respondents were asked to complete a confidential questionnaire detailing the volumes of credit products that they traded and the proportion that was traded with their top five banks. Euromoney received 217 valid responses that broke down geographically and by institution type as follows:

Deutsche Bank, JPMorgan and Barclays continue to slug it out at the top of the market-share tables for crisis-hit credit trading. But when it comes to quality over quantity, RBC Capital Markets is the firm to watch.

About the Credit trading survey: Credit volume/market share The Euromoney Credit survey is looking to become the most comprehensive quantitative and qualitative annual study available on the Credit markets. The survey excludes a number of categories of market participant, which means that the total volume reported by the survey is not and is not intended to be an accurate reflection of total global credit activity. Euromoney aims to capture client price-taking activity only. However, given the geographical and participant-type spread represented by the survey, Euromoney believes that the survey provides an accurate proxy for trends in the major areas of activity polled and accurately discerns the relative performance of the banks ranked.

Euromoney’s inaugural credit survey confirms the broad market power of three elite fixed-income houses, and points to a widening gulf between the haves and have-nots of the global credit markets. Joti Mangat reports.

Credit trading survey 2011: Results index

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