In The News

Bloomberg: In April, 40% of trading in the US investment-grade market was fully electronic, according to research firm Coalition Greenwich. That’s up from 29% in May 2020.

The Trade: “Inflation and rising rates, both of which will stay with us through all of 2022, can simultaneous act as a headwind and tailwind for the largest global banks,” Kevin McPartland.

Financial Review: A survey of global retail and institutional investors by Coalition Greenwich found that more than two-thirds (69 per cent) of the 220 sovereign wealth funds surveyed were invested in cryptocurrencies.

Bloomberg: The world’s biggest investment banks generated about $6.7 billion from dealing in currencies in the first quarter of 2022, a 37% increase on the same period a year ago, according to data from Coalition Greenwich. 

Best Execution: “Fintech providers are offering buy-side firms cutting-edge tools to improve the research process, risk management and cybersecurity capabilities, to name a few,” says Brad Tingley.

Fortune: Industry tracker Coalition Greenwich estimates that banks booked about $8 billion in SPAC-related fees in 2020 and 2021. 

Reuters: ...That represents roughly 6.5% of total U.S. investment banking fees that major banks collected in that period, according to Coalition Greenwich.

eFinancial Careers: Coalition Greenwich looked at tech-spending versus people-spending on buy-side trading desks, but a similar distribution exists on the sell-side.

Traders: According to Shane Swanson the growth of using outsourced trading firms to supplement an institutions own trading desk, whether to access additional skills, expertise, market color, or depth of bench, is “a trend on the rise”.

Best Execution: Institutions around the world are adopting environment, social and governance (ESG) standards), and have identified fighting climate change and the reduction of carbon emissions as their top priorities, according to a new report...