U.S. rates E-trading Jolts up in May
The Desk: Average daily notional volumes (ADNV) in US rates trading was up 14% year-on-year (YOY) in May, reaching US$1.26 billion. Month-on-month (MoM), ADNV was up 17.5%. Within this growth, overall e-trading barely budged at 53% of volumes – up...