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The technology behind Bitcoin is coming to Wall Street, but few agree how it will arrive or what exactly it will achieve.
Despite the recent wild gyrations in global stock markets, 2015 could represent the calm before the storm for European equity brokers.
The walls between etrading and high touch execution are crumbling.
Firms concentrate nearly 70% of options and volatility product business with their top 3 dealers.

2015 Convertibles - Europe

18 September 2015
63% of respondents report their primary convertibles investment strategy is outright.
52% of respondents report their primary convertibles investment strategy is outright.
A move to shared services offerings has come to capital markets, but reference data has yet to join the party.
Greenwich Associates estimates €1.7 billion in annual European equity commissions at stake in “unbundling” debate.
Greenwich Associates pinpoints steps dealers can take to mitigate and manage “conduct risk.”
Given the current regulatory and market conditions, it's no surprise  that everyone on both sides of the process is taking the broker vote more seriously than ever.

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