Why It's the End of an Era for Odd Lots

(Bloomberg) -- Subscribe to the Bloomberg Odd Lots podcast (Pocket Casts) 
Subscribe to the Bloomberg Odd Lots podcast (Apple Podcasts)

Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics.

No, no, don't worry, the Odd Lots podcast isn't coming to an end. But for actual odd lots -- trades of securities in unusually-sized increments -- it's the end of an era. Some major banks announced recently that they're getting rid of their dedicated odd lots desks. On this week's podcast, we speak with Chris White, the CEO of ViableMkts and BondCliQ about market structure, and why these changes are taking place.

©2019 Bloomberg L.P.