Some firms see opportunities in electronic trading, while others express concerns about liquidity fragmenting across swap execution facilities, according to executives at TabbForum event.

Fixed income executives at the likes of Goldman Sachs, BlackRock and Getco, among others weighed in on the outlook for electronic trading and central clearing at yesterday’s TabbForum conference. But they also debated whether liquidity would increase or become fragmented among the various swap execution facilities (SEFs).

lsaac Chang, global head of fixed income at GETCO, said there is an opportunity for a firm like his to participate as a liquidity provider. “A good outcome of all this would be a net increase of liquidity because of an increase in a more diverse participation,” said Chang on the panel.

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