In The News

Stamford Advocate: “The talent pool remains vibrant in terms of the people we can get from Fairfield County, including Stamford, as well as reverse commuters from New York,” said Greenwich Associates CEO Steve Busby.

Profit&Loss: Greenwich Associates has hired Ken Monahan as a senior analyst in the firm’s market structure and technology group, where he will cover FX, listed derivatives and fixed income, among other topics. 

WSJ: Hedge funds in the U.S. and Europe now spend more than $170 million annually on so-called alternative data, according to Greenwich Associates.

Traders: “Blockchain-based securities will undoubtedly become a more common feature of U.S. securities markets—we are just at the beginning of this evolution,” said Richard Johnson.

Trade News: A report by Greenwich Associates last year found that 65% of buy-side equity traders agree that the maker-taker method can create pricing distortion and is generally bad for market structure.

Bloomberg: More trading in the $14 trillion Treasury market is being executed electronically, with 69% of the roughly $487 billion in daily turnover handled that way, according to Greenwich Associates.

MarketsMedia: “Looking forward, the buy side expects to reduce reliance on investment bank research even further, looking instead to boutique research firms and emerging technology-driven solutions,” said Richard Johnson.

Financial News: “There’s a lot of money to be made,” said Richard Johnson.

Finance Magnets: A new report from Greenwich Associates shows equities brokerage commissions dropped for the eighth consecutive year. 

Traders: “Models that can truly learn from their actions and the reactions of the markets without any human intervention could result in the creation of a whole new category of investing,” said Kevin McPartland.