Executive Summary For the better part of a decade, electronic trading has been ubiquitous in the institutional foreign-exchange market. As early as 2007, over half of buy-side institutions...

While the U.S. stock market roared last year, growing by around 20%, other aspects of the equities market were much more muted. Share volume fell by 11% and notional value traded fell slightly....

Over the past several years, organizations have made big investments in enterprise feedback management (EFM) systems (aka platforms or portals) designed to save money and “digitally transform”...

As investment needs and regulatory requirements become more complex, insurance companies globally are increasingly turning to external asset managers for help with specific investment strategies...

After millions of hours and euros (and dollars) spent in preparation, the Markets in Financial Instruments Directive II (MiFID II) has finally taken effect. Greenwich Associates has tracked market...

Heading into 2018, dreams of volatility will continue, and watching interest rates rise will be like watching grass grow. While both will be key factors on every market participant’s dashboard,...

Close to a half trillion dollars in U.S. Treasury bonds trade every day, and Greenwich Associates estimates over two-thirds of this volume trades electronically. Despite the market’s size, few...

In the face of the growth in FX futures trading, Greenwich Associates set out to examine and assess the potential economic benefits of utilizing futures as an alternative to trading in the OTC...

Market making in U.S. equity markets has changed significantly in the last two decades. The system, once ruled by large banks and brokers making markets on the NYSE floor or on Nasdaq’s...

After bracing for a coming chill, investment management professionals are instead enjoying an unexpectedly favorable climate in terms of year-end compensation. But make no mistake: Winter may be...