In The News

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.

The Desk: Sell-side fixed income, currency and commodities (FICC) revenues saw growth of 15% in the first quarter of 2021, according to new research by Coalition Greenwich.

eFinancial Careers: Asian transaction banking revenues declined across the market in 2020, according to data provider Coalition.

The Desk: In a recent report from Greenwich, all-to-all trading comprised 12% of US investment grade volume in 2020, with MarketAxess accounting for the majority of that activity through Open Trading.

The Trade: According to the Coalition Greenwich index, equities revenues reached one of the highest quarterly revenues in a decade excluding losses related to the Archegos scandal.

Traders: Shane Swanson said: “In a difficult year, it appears that many firms turned to the tried and true to get their orders executed.”

eFinancial Careers: The latest research from Coalition Greenwich shows front office banking headcount falling globally by 400 people between the fourth quarter of 2020 and the end of the first quarter of 2021, a drop of around 1%.

SPGMI: The world's top 12 investment banks posted their best first-quarter revenues in six years despite more than $6 billion in losses linked to collapsed U.S. hedge fund Archegos, which hit equities trading, new research by Coalition...

Financial News: The stock trading units of the 12 biggest investment banks would have made $17.7bn in the first three months of the year, an increase of 63%, according to Coalition Greenwich. 

Traders: The report, Algos, ATSs and Automation in Equity Markets, said: “In a difficult year, it appears that many firms turned to the tried and true to get their orders executed.”