Given recent changes, FX futures and similar instruments have the potential to grow fast enough that FX may eventuially follow int he footsteps of U.S. Treasuries...
Following recommendations from the SEC's Fixed Income Market Structure Committee (FIMSAC), FINRA is proposing a pilot program to test the impact of changing the reporting requirements for large corporate bond trade.
On any given day in the U.S. corporate bond market, roughly 70% of the trades executed are for 100 bonds or fewer (equivalent to $100,000 or less). Greenwich Associates data shows that the vast majority of these trades—over 90%—are now...
Rapid advances in data curation and technology are changing the measurements of success in the commercial payments business.
Volumes in the U.S. Treasury market are up in the first few months of 2019, and as Greenwich Associates data shows, so too is competition among the electronic trading venues. Kevin McPartland had the opportunity to speak with Jill...
On Tuesday this week Nasdaq announced they were buying Quandl – an alternative data company. This follows a previous initiative within the global exchange and data company to organically build their own alternative data business.
The SEC recently announced that the Tick Size Pilot program will expire on September 28th. After two years, various studies have estimated that the cost to investors of this experiment to range from $350mm to $900mm and these costs do...
Planning your CX Program for 2019? You should focus on these 3 best practices...
Two years after the controversial approval of the IEX exchange, we look at the performance of speed bumps in the US and Canada, and argue that an asymmetric speed bump with a displayed quote, would enhance liquidity provision and improve market...
Libor rates were manipulated. Given the $9 billion in fines paid by many of the banks that contributed to its daily calculation. As a result, Libor will be officially dead come 2021 after what will ultimately have been an impressive 35...
