A new report from Greenwich Associates sees algorithmic execution becoming “increasingly popular” among FX traders.
In a few years, currency traders will be hooked on algos like their stock-market colleagues.That’s the view of David Stryker,who sees foreign-exchange markets following equities in the widespread adoption of computerized trading.
“This kind of immutable storage of transaction records is a good idea, particularly when you look toward what’s happening in Europe with MiFID II and the climate surrounding record keeping and transparency,” said Richard Johnson.
“Banks both large and small are preparing to capitalize on any favorable changes to the business environment,” says Frank Feenstra.
A Greenwich Associates survey indicates that EU money managers are likely to reduce the amount of external research they consume by 20%.
A recent study by Greenwich Associates found that 45% of Asian institutional investors surveyed found quant strategies to be “too opaque” and would like managers to better explain their strategies.
Research published by Greenwich Associates and based on interviews with buy-side traders around the world indicated that 58% of FX trading desks were using TCA systems.
A report published this month by Greenwich Associates found that European fund managers had cut their 2018 equities research budgets by 20 per cent compared with the previous year, shrinking the overall annual equities research budget by an...
However the report from Greenwich Associates, MiFID II is Here: How Investment Managers Have Prepared, found that many US investment managers are considering unbundling.
“IEX will argue that discounts are different to rebates and others will argue it’s the same thing,” Richard Johnson said. “But the important point is that IEX acknowledges that it is sometimes necessary to provide incentives for liquidity discovery...
