Wealth Professional: “That spread is an indication of the increased difficulty of executing what should be a risk-free arbitrage,” said Ken Monahan.
Funds Europe: According to Greenwich Associates, annual budgets average $2.8 million for fixed-income trading desks, $1.8 million for equity trading desks and $1.6 million for foreign exchange desks.
The Trade News: Report from Greenwich Associates found that technology spending on buy-side trading desks increased slightly by 4% year-on-year.
WSJ: “The ETF complex is by no means broken,” said Ken Monahan.
Bloomberg: “They can lose money on ETFs but they won’t become litigants in a bankruptcy,” said Ken Monahan.
The Block: Swanson said a closure of the floor for an extended period could "change the mental calculus."
Bloomberg: “There are natural interactions with others on the trading desk, and across the floor, that you use to get market color,” said Shane Swanson.
Investment Europe: In a study conducted by Greenwich Associates participants reported executing FX futures at mid, 35% of the time on average.
WSJ: A move to examine trading practices in Treasury securities would be a big step in a market that has historically had little transparency, said Kevin McPartland.
South China Morning Post: Average ETF allocations grew to 23 per cent of total assets in 2018 from 14 per cent in 2017, according to Greenwich Associates.
