CFTC chairman targets cross-border swaps regulatory reform
The Trade News: Kevin McPartland warned that regulators must be wary that looser rules could erode price transparency that has been gained over recent years.
The Trade News: Kevin McPartland warned that regulators must be wary that looser rules could erode price transparency that has been gained over recent years.
Risk: Greenwich Associates estimates that internalisation of US Treasuries trades at the largest primary dealers has become a “sizable” part of the market.
ETF Trends: Wealth management and institutional investors are projected to increase their use of fixed income ETFs over the next few years, according to Greenwich Associates.
PlanSponsor: According to Greenwich Associates, institutional assets are flowing into ETFs as U.S. institutions, including defined benefit (DB) plans, integrate them into essential investment functions...
Financial Advisor: Greenwich Associates said in a report that 15% of jobs in finance are at risk of being replaced by AI or machine learning in areas like research, trading, analysis and sales.
The National: The global financial services industry spends about $1.7 billion per year on blockchain as banks and other financial institutions start to roll out commercial distributed ledger technology, Greenwich Associates said.
Financial News: The banks have been tamed, but in the derivatives markets, some allege that the systemic risk has just moved houses.
The Trade: Greenwich Associates found that budgets for buy-side trading desks have remained relatively flat in recent years, but traders could see a drop in compensation and bonuses as those budgets pivot towards investments in technology.
Global Banking & Finance: According to Greenwich Associates, nearly 70% of investors believe real-time market data provides them with an edge, and 80% want greater access to alternative data sources.
FTF: A new Greenwich Report argues that ETFs might a future 'as an asset class of their own.'