Blockchain, also referred to as distributed ledger technology (DLT), has captured the attention of financial services. In the most comprehensive study to date, Greenwich Associates assesses the...

2015 was a record-breaking year for ETFs, which attracted more than $350 billion in new assets globally. Institutional investors are primary contributors to the steady growth in ETF demand, and over...

With the advent of progressively more rigorous capital requirements, dealers have been compelled to reprice interest-rate derivative products. As the costs involved in hedging the underlying...

The fixing scandal of 2013/2014 sent shockwaves through the global foreign-exchange markets. As traders and investors discovered that key benchmark rates had been manipulated by large dealers,...

In the age of algorithmic trading with execution speeds measured in microseconds, the race to reduce market data latency has captured the attention of market data professionals and quantitative...

Standards of conduct in wholesale financial markets are undergoing a transformation, as new regulations in the wake of the financial crisis are being implemented and their effects examined. Industry...

Banks today, in many ways, feel like analog players in an increasingly digital world. Yet change is coming fast: Within the next decade, they will feel and operate more like tech companies with...

As the world moves closer to the U.K referendum on continued EU membership on June 23, what once seemed a remote possibility now seems increasingly likely—or at least possible. Some canny observers...

The electronic trading revolution hit the foreign-exchange market years ago, but the macroeconomic and regulatory-driven events of the past few years are spurring a new wave of change. Investors...

For asset managers selling their products on intermediary platforms, the landscape is changing quickly. Platform gatekeepers around the world are adopting more institutional—and more demanding—...