European banks notch $5.5bn in Trump stock trading boost
Financial News: Equity trading revenues have surged in the second quarter, driven by heightened volatility and record trading volumes in early April according to Crisil Coalition Greenwich.
Financial News: Equity trading revenues have surged in the second quarter, driven by heightened volatility and record trading volumes in early April according to Crisil Coalition Greenwich.
SPGMI: Tariffs may reduce trade volumes, potentially impacting bank revenue, though they could also increase demand for financing as companies adjust their supply chains, said Eric Li, head of banking research Crisil Coalition Greenwich.
SPGMI: Combined revenues of the world's 12 largest securities services banks increased by 5% year over year to $43.9 billion in 2024, reaching their highest level since 2013, according to data from research company Coalition Greenwich.
IFR: “The electronic trading infrastructure that's further developed over the last few years has been important for facilitating these incredibly high levels of turnover without any major disruption,” said Kevin McPartland.
Bloomberg: Industrywide revenue from the business hit a record US$27 billion in 2024, up about 13 per cent from a year earlier, according to data from Crisil Coalition Greenwich.
Reuters: Gaurav Arora said a surge in client demand for portfolio rebalancing would likely drive sales and trading revenues across the sector, but growth in transaction banking, advisory, and underwriting revenues would be more subdued.
Traders: “OMS solutions are increasingly modular, open and customizable,” said Audrey Costabile.
Markets Media: There is growing demand for institutional-grade, institutionally-focused venues, markets and technology infrastructure as digital asset trading volumes increase, according to Crisil Coalition Greenwich.
GTR: Eric Li says short-term activity has been “quite positive as corporates have been stockpiling since November last year in anticipation of tariffs”.
The Desk: Electronic trading makes up more than half of trading in US Treasuries, according to analyst firm Coalition Greenwich, with overall e-trading taking 58% of total volume and 61% of dealer-to-client volume in January 2025.