The TRADE 77 - Q3 2023 | Page 21

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SSGA ’ s Sharon Ruffles on fixed income trading :

As global economies diverge amid rate hikes and inflation , Sharon Ruffles , head of fixed income trading for EMEA and Asia Pacific at State Street Global Advisors , sits down with ANNABEL SMITH to deep dive into the fixed income markets , exploring the next step for electronification , the evolution of technology and the importance of variety when it comes to sourcing liquidity .

F or Sharon Ruffles , head of fixed income trading for EMEA and Asia Pacific at State Street Global Advisors , the beauty of fixed income lies in how much one day can vary from the next . Something that has become only too apparent throughout the course of 2023 .

Events from the last three years have translated otherwise dormant interest rates into a hive of activity for fixed income traders as global economies work to combat the threat of inflation and recession .
A novel concept to greener traders .
Beginning her career on the buy-side at boutique asset manager Credit Suisse First Boston as an investment portfolio analyst in London in 1986 , Ruffles has seen the markets through several highs and lows . Her early role gave her a grounding in how the asset management world works , sitting between the traders and portfolio managers to analyse
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