In The News

The Desk: Relationships are becoming less important when buy-side traders are deciding which counterparties to trade with, as data on previous trading activity takes on a greater importance, according to Greenwich Associates.

Traders: “This isn’t exactly a regular drill that firms have run before,” said Danielle Tierney.

Bloomberg: “...traders will likely have to go back even if they already have three screens at home,” said Parijat Banerjee.

MarketsMedia: “The silver lining (from the volatility) is that there was a tremendous amount of data generated,” McPartland said. “Robots will learn an awful lot from what went on.”

The Trade News: A study by Greenwich Associates also found that deliverable forwards and swaps traded electronically were 77% and 75% in 2018 and 2019, respectively.

The Trade News: According to Greenwich Associates, around 40% of fixed income investors in Europe said they have either executed or plan to execute a portfolio trade within the next 12 months. 

Waters Technology: But how does compliance differentiate business conversations from personal ones? They don't, says Danielle Tierney. When a device is monitored, that includes all calls and interactions.

Bloomberg: “It does appear there has been increased interest in outsourced trading,” said Shane Swanson. “That does go hand-in-hand... " 

Bloomberg: It’s a balance sheet, scale and electronification game now, and the bigger you are, the better you do,” Greenwich Associates said.

Euromoney: At the end of March, Greenwich Associates published a report entitled 'Digitization delayed: why algos aren’t more popular in FX', based on data collected before markets felt the impact of Covid-19.