Things Crazy Again in S&T this week?
Was this week like it was back in March, volume-wise and revenue-wise for S&T departments?
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Um. Speaking from an FI/Credit perspective, this is arguably the slowest week of the year and liqudity was gone at about noon on Wednesday
Huh. Is that because all the trading this week was equity-driven? And why was FI trading so heavy in March, but almost non-existent this week?
It's labor day weekend. Most company's management don't want to work over the weekend on an issuance and a lot of people are out on vacation. However, post Labor Day a lot of issuance returns to the market and activity becomes much higher.
Got it, makes sense, thanks.
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