The Growth of Electronic Trading in Latin American Bond Markets

Global bond markets have experienced a dramatic adoption of electronic trading tools over the past decade, led largely by developed markets in the U.S. and Europe. But in recent years, increased demand for Latin American debt securities by both local and international investors, coupled with new technology solutions, has driven the adoption of e-trading in Brazil, Mexico and other major Latin American markets.

In Q1 2023, Coalition Greenwich gathered responses from 45 participants in the Latin American bond market. Participants were based in Latin America as well as the U.S. and Europe. The majority held roles as either portfolio manager or trader working for asset managers, hedge funds and regional banks.