Examining Technology Enactment in the Fixed Income Market

While the use of electronic trading systems (ETS) in fixed income (FI) market is becoming more common in the last few years, only a small number of empirical studies have been conducted to examine their adoption and impact in the market. In this study, we use the technology enactment framework (TEF) to identify various institutional and organizational factors that influence ETS adoption. Based on a comprehensive survey and face-to- face …