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.

UPDATE: This article includes information about TD's new restructuring ... ahead with plans to remix its bond portfolio by selling relatively low-yielding bonds to reinvest in higher-returning ...

Commissions do not affect our editors' opinions or evaluations. TD Bank is one of America’s largest banks by assets. It maintains 1,120 branches along the East Coast of the U.S., with footprints ...