World’s Most Elite Bond-Trading Club Isn’t What It Used to Be

Updated on
  • Credit Agricole said to decide against becoming primary dealer
  • Regulation, evolving technology dim lure of once-coveted spot

The Bond World's Most Elite Club Isn't What It Used to Be

To see how far the prestige of the U.S. Treasury market’s primary dealers has declined, consider the case of Credit Agricole SA.

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