Wall Street banks are taking tech into the tougher corners of fixed income, and it could lead to a re-imagining of how trading desks are organized

that handle smaller-size bonds known as"odd lots," and algorithms will now handle the trading of these bonds.

"If you're using a platform that allows you to trade multiple assets, like bonds for European corporates, emerging markets, investment-grade, high-yield and munis, then a person who's familiar with that piece of software may be able to execute any of those trades since it's functionally the same workflow," Sedgwick, now a consultant, said.

"People are starting to look at the entire process, from portfolio managers to the trading desk and back to say 'what manual processes can we automate, where can we standardize workflows?'" Sedgwick said. "In a low-rate environment, cost savings from trading could be a defining factor of your return profile," Sedgwick said, noting that savings could be passed onto clients."The key is to make sure all of this is driven around concerns around best execution."

“Selfhood begins with a walking away, And love is proved in the letting go.” Lane invited many friends but few were able to come. Fetal alcohol syndrome.

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