Greenwich Associates estimated that the annual pool of cash equity commissions paid by institutional investors to brokers on U.S. equity trades in 2016 to be $9.65 billion. This amount is down more than 30 percent from its peak in 2009.
With the growing popularity of index-tracking ETFs and passive investment strategies, volumes in the close have risen: 5.5% of average daily volume of NYSE- and Nasdaq-listed securities takes place in the closing auction now, up from 3.6% in 2011,...
The lure of illiquid investments is fading for some institutions in Asia, especially those – such as insurance firms – that moved later into such assets, say industry observers.
“Last look probably is a somewhat out-of-date practice given the technology we have now,” said Kevin McPartland, head of research for market structure and technology at Greenwich Associates. “However, if investors really had a problem with it, they...
Around the world, there remain many areas of complexity, opacity and illiquidity and many products with which investors have limited experience, says Andrew McCollum. "These areas - which include emerging markets, small-cap stocks and...
A new report from Greenwich Associates found large buy-side firms with a presence in multiple regions are looking to ‘lessen the burden’ of maintaining distinct research management processes in different parts of the world.
The U.S. buy-side will cut 5% from the amount it pays for investment research via trading commissions – a process known as using "soft dollars," – down $295 million to $5.6 billion, Greenwich Associates estimates in a report published this week.
So far Citadel Securities has only been present on Bloomberg, the data and news provider that is also a rival trading venue. Bloomberg and Tradeweb each handle roughly half of the market for dealer to client electronic Treasury trades, according to...
Les craintes des analystes semblent bel et bien fondées. A moins d’un an de l’entrée en vigueur de MIF 2 le 3 janvier prochain, Greenwich Associates a livré hier un chiffrage de l’impact possible de la directive européenne sur la rémunération de la...
Die Marktführer im europäischen Cash Management bauen ihre Kundenbasis weiter aus. Das geht aus einer aktuellen Umfrage des US-Beratungshauses Greenwich Associates hervor, das jährlich europaweit CFOs, Treasurer und Finanzverantwortliche aus...
