The buy side's ability to make a price in the market does not make them market makers.
Three interesting developments as blockchain experiments expand into more asset classes.
Richard Johnson, Greenwich Associates vice president of market structure and technology, discusses the results of the firm's survey of 256 buy-side traders around the world. He speaks with Bloomberg's Alix Steel on "Bloomberg Markets."
The governance of an arcane construct of US Market Structure - NMS Plans - can have a profound effect on how our markets work.