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MarketsMedia: Kevin McPartland said in the report that investors have now become more willing to work with smaller counterparties who can consistently show them quality price

"So if most Bitfinex traders are holding Tether instead of USD, then this represents the premium they need to pay," said Richard Johnson. "Another way of looking at it, is that holders of Tether have taken a 5 percent haircut on their so-called...

WSJ: Richard Johnson says rising data costs help explain why the average brokerage commission paid by financial institutions has held steady at about 2.6 cents per share since 2010, after dropping for the three decades before then.

FT Lex: Greenwich Associates found that global bulge-bracket brokers had grabbed market share, as fund managers trimmed their broker lists…

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