The changes at TD offer a window into the automation that is sweeping the fixed income industry more broadly and making jobs redundant across Wall Street. Last year, 48% of US investment-grade bonds ...

In the first quarter of this year, 18.6% of new-issue volume in the market was traded electronically, up from 17.3% last year ...

Through its affiliate, TD Securities Automated Trading LLC, TD Bank has joined LTX, an AI-powered corporate bond trading platform supported by global fintech leader Broadridge Financial Solutions.

Toronto-Dominion Bank is folding ... operations amid a boom in automated trading. Rick Fogliano, managing director of U.S. municipal fixed income sales and trading, will report to Marty Mannion and ...

though challenges in adding automation and navigating a tough economy as a regional bank remain. During that time, Dmuchowski and other senior executives, who are located in different cities and were ...