Bloomberg: “What they’ve just said is, ‘we’re going to try to use every item we can think of right now to try and solve this problem we have with the contango in our primary strategy.’ Will any of those things work? No one can know,” said Ken...
Bloomberg: “Given things are so unprecedented now, there’s always some uncertainty that makes it hard to assume things are all better,” said Kevin McPartland.
Bloomberg: Electronic trading is growing, with 12% to 15% done that way, Greenwich Associates estimated last year.
eFinancialCareers: "Market fragmentation is something that algos are very good at dealing with. When liquidity dries up, they can re-route," said Ken Monahan.
Treasury & Risk: "The rapid onset of the Covid-19 crisis has refocused corporate treasurers on risk, which has become more top-of-mind than ever before," said Ken Monahan.
Reuters: “FX algo usage will rise as it is extremely difficult for human traders to beat machines in volatile markets," said Ken Monahan.
Bloomberg: “The humans reminded this automation-obsessed market how much they matter," said Kevin McPartland.
Profit & Loss: The massive spike in volatility due to the COVID-19 pandemic and a nearly unprecedented climb in the value of the dollar has left market participants scrambling for cover, notes Greenwich Associates in its 2020 Greenwich...
FinAsia: Greenwich Associates estimates 50 percent of cash equity trading to be done electronically by 2022 after the market grew 43 percent last year.
Institutional Investor: Andrew McCollum says there will likely be a “pause” in manager hiring, as many institutional investors postpone or extend their search processes.
