In The News

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.

Bloomberg: “For years, nobody cared that these futures-based ETFs constantly bled out,” said Ken Monahan. “For me, it’s kind of mind-blowing that this is marketed as a retail product.”

eFinancial Careers: Greenwich Associates says that NLP systems that identify, parse and tag text are increasingly used by banks both for surveillance and to determine trading strategies.  

eFinancial Careers: A recent report from Greenwich Associates found that banks' surveillance teams are already struggling under hugely increased workloads as a result of recent higher trading volumes.

MarketsMedia: Danielle Tierney said: “The good news is that investments in trade surveillance and compliance systems over the past decade helped trading desks navigate both the historic spike of market volatility... .”

Crains NY: Greenwich Associates data shows more than one in five business owners plans to switch banks...

Financial News: Some of the world’s biggest banks are testing new technology that would help them record and monitor employees’ texts sent via the popular messaging app WhatsApp.

Business Insider: "There's been scarce supply over the past several years in the distressed space," said James Borger. "But everything is different now, and there's going to be a lot of trading activity in the coming months."

Bloomberg: “It’s a balance sheet, scale and electronification game now, and the bigger you are, the better you do,” says Satnam Sohal.

eFinancial Careers: Research last month from Greenwich Associates revealed that when volumes surged for U.S. treasuries in March, it was humans that made all the difference.