The front-to-back electronification of the fixed-income market has created tremendous efficiency for everyone, from issuers to market makers to investors.
Markets are more transparent,...
Among the myriad ways the COVID-19 crisis will reshape the global economy, the pandemic could alter the trajectory of the European corporate banking market. The crisis represents a true test, not...
We are now over two years into the great MiFID II Trading Transformation.1 The dust has settled, and we are able to take a measured look at how traders are adapting to this new...
Technology innovation over the past two decades has not only changed the way the markets work, but has had a meaningful impact on the careers of financial services professionals. Some, whose only...
The COVID-19 pandemic has disrupted nearly every aspect of daily life—including banking. That disruption poses massive risks for the millions of companies around the world that rely on their...
Many pension funds, endowments, foundations, and other institutional investors have hesitated about making direct investments in China due to uncertainty about political risks, concerns about...
Until recently, the role of the market structure analyst has been straightforward: determining the rate at which the capital markets were going electronic. First in equities, then in FX, and...
The buy side trading desk increased its spend by 4% in 2019. Despite making up only 38% of total spend, technology plays a critical role on all fixed income, FX and equity trading desks.
The recent market turmoil will only increase the importance of TCA in both the short and long term. To be able to discern actionable information from the tidal wave of data that is now...
The global derivatives market has undergone tremendous change over the past decade and, by most measures, has come out more robust and efficient than ever. Increased transparency, more central...