-
Fixed-Income Subscription
We examine the evolution of the fixed-income market, the products, platforms, the role of dealers, institutional investors, and emerging liquidity providers, and the impacts of new and expected regulation.
Our independent third-party analyses form the basis for senior sell-side management to benchmark their client businesses, identify revenue opportunities, assess service quality, and optimize allocation of resources.
Coalition Index for Investment Banking – 1H25
Greenwich Report
1H25 Coalition Index Investment Banking revenues rose 13.3% YoY.
Coalition Index for Transaction Banking – 1H25
Greenwich Report
Transaction Banking revenues remained stable in 1H25, with unchanged performance in Cash Management, and a marginal increase in Trade Finance following the recovery in Trade activity.
OMS and EMS innovation: Where providers are investing
Greenwich Report
Professionals at buy-side firms are demanding technological advances and new cutting-edge tools to gain an advantage in the front office. Among a long list of new developments, workflow automation and interoperability stand out as top priorities...
New
The evolution of the U.S. Treasury CLOB
Greenwich Report
The U.S. Treasury central limit order book (CLOB) has been a cornerstone of the U.S. Treasury market for three decades, providing a platform for buyers and sellers to trade with anonymity, firm prices and instant execution.
The derivatives market in Japan: Tapping into the potential
Greenwich Report
A healthy derivatives market is an important element to Japan’s plan to become a global leader in asset management.
The U.S. Treasury market capped off its summer with the lowest average monthly volatility reading since December 2021 and a decline of 27% from last August—a sign that the previous cycle is truly coming to an end.
The credit market’s road to year-end started off with a bang. New issuance hit its highest level since May 2020, which supported an average daily notional volume (ADNV) in the secondary market of $56 billion per day, up 4% year over year.
Fixed-income cross-margin opportunities: A driver of change
Greenwich Report
The derivatives market is vital to the financial system. It allows market participants to manage and hedge risks, generate alpha and, more generally, helps them achieve their goals.