A recent Greenwich Associates study, “AI: The Coming Disruption on Wall Street,” provides perspective on an issue that is not so much an issue of if disruption comes but how deep the automation goes.
Greenwich Associates reports that voice communications will play a key role in the electronic trading era.
Research analysts are the most likely employees on Wall Street to find themselves working with—or being replaced by—robots, according to a survey by Greenwich Associates.
Kevin McPartland discusses the changes in bond trading on Nasdaq's #TradeTalks with Jill Malandrino.
Wall Street regulators are poised to enact some real change, and it will help the US solidify its place as the financial capital of the world.
“Governance does seem to be the element that is most easy to understand the impact on investment performance, and so the most tangible, whereas the E and the S are a little bit harder to quantify,” says Andrew McCollum.
A combination of deep cuts to the teams over the past two years and an eye on investing in talent for the medium-term has meant that the past few months have been one of the busiest for fixed income recruitment since 2008 the financial crisis,...
“They have a strong franchise in credit derivatives. They have invested in credit data. It makes sense that they would buy an asset that furthers corporate bond trading as well,” said Kevin McPartland.
Once considered a staid business, trade finance could be emerging as a hub of innovation and disruptive change, according to Greenwich Associates.
Richard Johnson expects that within the next 12 months that Wall Street market makers will be making markets in bitcoin, ether, and XRP, which represents the majority of market capitalization and liquidity among digital currencies.
