The Desk: A new report from Greenwich Associates has found that electronic trading of emerging market (EM) bonds has reached 70% amongst US asset managers.
The Trade: Greenwich Associates research suggests emerging market bond trading will rise next year, with a portion of that volume tipped to be executed electronically.
Bloomberg: The stakes are high for DBS, which is among the five biggest trade finance banks in Asia by market share, according to Greenwich Associates research.
Business Insider: Investment banks will be earning about 20% less on their European equity research — a drop of about $300 million — by the start of 2019 according to Greenwich Associates.
The Desk: Ken Monahan warns that the biggest mechanical issue is for extant derivatives contracts in the event that LIBOR ceases to exist or becomes an unreliable benchmark.
The Desk: Last year, in the analysis of European fixed-income electronic trading, Tom Jacques observed, “When they do trade electronically, investors gravitate to the market’s biggest dealers.”
WSJ: Firms that currently trade privately may be enticed by the efficiency provided by platforms if the rules are more flexible, according to Kevin McPartland.
Private Banking Magazin: „Mit dem drastischen Rückgang im Jahr 2018 scheint das Schlimmste vorbei zu sein“, meint William Llamas, der bei Greenwich Associates für die Beziehungen zu den Großanlegern zuständig ist.
Investment Europe: Greenwich Associates recently published a free-to-access research paper on the silent evolution within the world of Equities Low Touch trading.
Traders: “Relationships and balance sheet still matter, of course, but the ability to manage both of those things quantitatively can mean the difference between profit growth and a year-on-year decline,” said Kevin McPartland.
