That’s the message from Greenwich Associates heading into 2016, after a year dominated by concern that risks previously housed at big banks have gravitated to fund managers that could struggle to return investors’ money during a market rout.
“Deep reductions in sell-side inventory and the exit of some dealers from the market altogether have made it harder for investors to execute trades and are contributing to the overall slowdown in institutional Asian fixed-income trading volume,”...
“It’s taken the regulators and market participants who are blowing the whistle several years to know what to look for,” said Kevin McPartland, at Greenwich Associates As for those market users who are most hurt by spoofing, “maybe they’ve been...
A new Greenwich Associates report looks at the potential impact of MiFID II regulation cash equity trading.
“Many people believe [last look] gives a false sense of security as to what the market price actually is,” says Kevin McPartland at Greenwich Associates.
“In a more unbundled world, it will become difficult for one to subsidise the other,” says John Colon, Greenwich Associates. “Conceivably, the cost of execution may go up to the extent the real cost of liquidity has been hidden in the bundled model...
Standard Chartered ranked second after HSBC Holdings Plc in terms of its market share in arranging trade finance for large Asian companies, according to a survey by the Stamford, Connecticut-based research firm Greenwich Associates published on Sept...
HSBC continues to lead the way in the Asian fixed income trading by holding an 11.8% market share according to a report by Greenwich Associates.
The share of investment-grade notes that trade electronically has doubled in two years and now makes up 20 percent of total market volume, according to Greenwich Associates. About 75 percent of U.S. bond investors have traded some company bonds...
“While trading large blocks of corporate bonds is still no walk in the park, any easing of this burden should be seen as a step in the right direction,” said Kevin McPartland, head of market structure and technology research at Greenwich Associates...
