Each year we conduct personal interviews with over 2,500 portfolio managers, senior traders and decision makers at large buy-side institutions on the cash equity, flow equity derivatives and convertibles businesses covering all major products.
This feedback, coupled with our analysis and advice, highlight key insights for our clients:
Commission wallet and trading levels
Trends in payment for research/advisory vs. trading services
Individual brokers positions on wallet share and qualitative performance across sales, research, corporate access, “high touch”
Positioning of individual brokers on electronic and portfolio trading for cash equities, options/volatility & delta one businesses, and convertibles
Our independent 3rd-party analyses form the basis for senior sell-side management to benchmark their client businesses, identify revenue opportunities, assess service quality, and optimize allocation of resources.
An array of factors, including an information explosion, new regulations, new technologies, and evolving commercial models, are coalescing to bring about significant change in the investment research landscape.