When Kevin McPartland. looks at 2017 he seems to shake his head. “2017 was politically strange, economically strong and eerily calm,” he wrote in a report pointing to ten major market structure trends for 2018.
According to Greenwich Associates sell-side fixed-income traders are more in contact with compliance than previously, mainly due to the greater quantity of resources banks must apportion towards satisfying regulatory criteria, which in turn is...
"It is amazing that there hasn't been more innovation in this area over the years," said Kevin McPartland.
Nasdaq’s Jill Malandrino interviews Kevin McPartland on TradeTalk - Putting Alt Data to Work.
“While corporate bond trading still relies heavily on personal interactions and trust, technology innovation has allowed those relationships to remain intact but become more effective and efficient,” said Kevin McPartland.
“Buy-side traders think the risks associated with electronic market makers might actually be greater than the benefits they create,” says Richard Johnson.
The economic benefits of trading futures as an alternative to over-the-counter instruments will continue to drive growth in the foreign exchange futures markets, according to Greenwich Associates.
“What we are experiencing—and what many more professionals will experience next year—is the delinking of investment results and compensation,” said William Llamas.
"Employees will feel that pressure in several ways, including reductions in incentives and the "juniorization" of jobs that depress salaries and overall compensation for internal roles. At the same time, professionals will also be asked to do more,...
Greenwich Associates said in a recent report, Technology Transforming a Vast Corporate Bond Market, that there has been an increase in autoquoting, where liquidity providers are increasingly responding to RFQs below a certain size and/or risk...
