LTX Uses AI To Gain Share In Bond Trading
MarketsMedia: Kevin McPartland said in a report there were record volumes of electronic corporate bond trading in March 2021.
MarketsMedia: Kevin McPartland said in a report there were record volumes of electronic corporate bond trading in March 2021.
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).
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: Asian transaction banking revenues declined across the market in 2020, according to data provider Coalition.
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.
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.
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.
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.
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...
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%.