JPMorgan’s Traders Race Ahead in the Pandemic
Bloomberg: It’s a balance sheet, scale and electronification game now, and the bigger you are, the better you do,” Greenwich Associates said.
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.
Forbes: “A crisis like Covid-19 is when banks can either build or erode loyalty with their customers based on how they treat them,” said Steve Busby.
The Financial Brand: Nearly all of the commercial banks taking part in a joint study by Greenwich Associates and S&P Global Market Intelligence found that full or partial payment deferrals were almost universal, at least in mid-April.
Financial Times: “The fact that it went seamlessly is really a testament to all of the people involved,” said Shane Swanson.
Financial News: Machines have taken a major bite out of the trading business in recent years.
The Trade News: A survey of US buy-side traders conducted by Greenwich Associates found that despite the widespread shift to remote working, a significant 80% of respondents were satisfied with brokers’ performance.
Financial Times: According to Greenwich Associates the pandemic has only strengthened the grip of electronic trading, with venues such as Tradeweb and MarketAxess seeing record volumes.
eFinancial Careers: The push to add senior staff on credit sales and trading desks comes after a report from Greenwich Associates found that clients eschewed electronic trading systems for human beings during the initial pandemic market...
MarketsMedia: Ken Monahan said “Given the potential stakes, it is only a matter of time before issues of data scarcity and other hurdles are addressed and algorithms take on a central role in FX trading.”