Executive Summary

Trading in the secondary market carried on with the status quo for much of September. While trading near month end created some of the busiest days since June ($45 billion on September 29), volumes for the month were flat compared to September 2020, and volumes for 2021 YTD remain 4% below those for 2020.

Methodology

Coalition Greenwich continuously gathers data and insights from credit market participants, including market makers, primary dealers and trading platforms. The data, once aggregated, normalized and enhanced, is analyzed by our market structure research team who identify the key trends of trading in the credit markets, with a focus on corporate bond electronic trading and trading platform market share.