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Municipal bonds are ones issued the yield curve, insurance companies, systems, but this has happened writing a program to replace.
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Market Matters - FICC Market Structure: The Electronic Trading Evolution�Fixed Income� or Fixed Income, Currencies, and Commodities (FICC) includes a huge range of different desks and is harder to generalize than Equity Trading. FICC, a subsidiary of DTCC, provides real-time trade matching, clearing, risk management and netting for trades in US Government debt issues. This online course introduces government bonds before covering FICC and specialist products such as rates, credit, foreign exchange, bonds swaps and many more.
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