Institutional Investor: Institutions are using liquid alternative ETFs as part of the core of their portfolios as well as to replace both funds-of-hedge funds and direct investments in alternatives, including single strategy hedge funds.
MarketsMedia: “Some regional dealers have voiced their concerns regarding dealing with proprietary trading firms on the electronic Treasury market, which are a little overblown,” says Ken Monahan.
Bloomberg: Citigroup and JPMorgan Chase & Co. are the two biggest foreign-exchange traders by market share due to their technology and client networks, according to Greenwich Associates.
Finance Magnets: Greenwich finds that 84 percent of traders in US markets use a TCA system and 71 percent use venue.
Investment Executive: Sophisticated new analytic tools are enabling smaller U.S. banks to effectively target their rivals’ revenues, says Greenwich Associates in a new report.
Advisor: “The increasing power of data analytics to improve sales productivity is driving the industry toward an inflection point,” said Jen Paterson.
Bloomberg: HSBC is the region’s top lender to companies, ahead of Citigroup Inc. and Standard Chartered Plc, according to Gaurav Arora.
Economist: HSBC is already heavily exposed to Asia, being the largest corporate lender to the region by market penetration, according to Greenwich Associates.
WSJ: ...about 70% of investment-grade bonds in the U.S. and more than 80% of high-yield bonds still trade much more manually, through conversations or ad hoc messages between traders and dealers, according to Greenwich Associates.
MarketsMedia:“A strong local focus and aggressive use of electronic trading are part of the reason that local dealers have overtaken the global banks in local currency markets,”said Ken Monahan.
