The Trade: A recent study by Coalition Greenwich in May found that two thirds of buy-side firms in Europe had increased their use of electronic trading for European swaps last year as a means to improving their workflows.
The Desk: “While portfolio trading is not new, its use and utility has grown steadily over the past few years.” said Kevin McPartland.
Global Banking & Finance Review: According to Coalition Greenwich a record number of small and midsize companies in the US are planning to change their primary bank due to the inadequate level of support they received during the crisis....
eFinancial Careers: The phenomenon appears most focused in front office sales and trading roles, which employ 31,000 people globally according to research firm Coalition.
The Desk: New research by Coalition Greenwich has found that the proportion of budget for fixed income trading desks spent on technology grew to 46% in 2020, up from 40% the previous year.
The Trade: Coalition Greenwich report found that buy-side equities trading desks increased their budgets by 12% in 2020, while fixed income desk budgets declined by 1%.
FinTech Times: “Data publishers and data consumers are in need of processing large volumes of data from disparate sources quickly, and need access to it all in one place at the touch of their fingertips,” said David Easthope.
MarketsMedia: Kevin McPartland said in a report there were record volumes of electronic corporate bond trading in March 2021.
The Trade: A recent report by Coalition Greenwich found that all-to-all trading accounted for 12% of investment grade corporate bond volumes in 2020, up from 8% in the year prior.
eFinancial Careers: This week's report from Coalition highlighted "exponential growth" in equity derivatives trading on the back of strong retail client activity, plus extremely strong growth in equity capital markets (ECM).
