Bloomberg: Corporations are among the most important customers of FX trading desks...
MarketsMedia: Greenwich Associates said in a report that the Covid-19 pandemic has triggered a major shift in US equity trading volumes away from exchanges.
Bloomberg: The central bank’s intent to keep them low for the foreseeable future could mean the more-than $4 trillion U.S. ETF market sees a spate of launches like the fund planned by Janus Henderson, according to Ken Monahan.
The Trade:Trade surveillance technology spending has increased significantly due to compliance weaknesses identified during the COVID-19 pandemic, according to Greenwich Associates.
Reuters: “I believe that credit portfolio trading will have profound effects on market structure,” Ken Monahan said.
Bloomberg: DWS and Greenwich Associates surveyed insurance-company clients with portfolios from $1 billion to more than $20 billion.
The Trade: A report from Greenwich Associates stated that anecdotally, some investors have found portfolio trading a useful way to adjust their portfolios during the crisis, because they can mix bonds that are easier to trade with ones...
S&P Global Market Intelligence: "There's a human nature element of it," said Kevin McPartland in an interview. "[Companies] have to start somewhere, so why not start with the [teams] where natural human interaction is most valuable?"
The Trade: Greenwich Associates highlighted how coming into 2020, three new stock exchanges had announced their planned entrances and a host of regulatory actions loomed on the horizon.
S&P Global Market Intelligence: A tax on securities trading to fund government spending would likely bring in less revenue than intended and drive up costs in other financial markets, according to Greenwich Associates.
