The Desk: In analysis of trading in the US Treasury space by Greenwich Associates has seen the proportion of electronic dealer-to-client activity (D2C) increasing in July, even as volumes and volatility fell.
Traders: “At times it felt maybe like it needed a little bit of duct tape and baling wire, but the system held up well, particularly in equities and options,” said Shane Swanson.
Waters Technology: “It’s been up to firms to self-regulate. It’s been up to firms to say, ‘Okay, it’s a pain to have all this mobile surveillance functionality, and roll out all these devices, and it costs money," Danielle Tierney said.
Finextra: Electronic trading reached 45% of European fixed-income volume in 2019, up from 38% in 2018, reported Greenwich.
Waters Technology: At the height of the pandemic as the markets were rapidly fluctuating, US trading firms were having to both manage a remote workforce, as well as manage new types of compliance risks...
Bloomberg: “The dislocation over the next few months can be unsettling for both the glocal banks and their cash-management customers,” says Gaurav Arora.
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.
