In The News

Financial News: For years, fixed income trading revenue at the 12 top global investment banks stagnated and in 2018 fell to its lowest level since 2006, according to Coalition Greenwich. Towards the end of 2019, trading conditions improved....

Waters Tech: These developments followed what Coalition Greenwich, in a report last year, called an 18-month fixed income "e-trading tailwind."

Bloomberg: “The next question will be how or if this offering is utilized by clearing brokers, or do they largely still stick to the status quo of collateral posting,” said McPartland. “This is another signal that fixed-income ETFs are cemented as a...

Hedge Fund Alert: The number of outsourced-trading firms has grown precipitously over the past four years from a handful to about 40, according to Coalition Greenwich.

Bloomberg: "Market participants would need to rework pricing models, risk management and hedging mechanisms among other things to adapt to the new paradigm," said Kevin McPartland.

American Banker: Among business clients that recently switched banks, 44% said that a primary reason was dissatisfaction with an employee assigned to their accounts, according to a survey conducted in May and June by Coalition Greenwich, a...

Traders: Over the years, the Financial Industry Regulatory Authority (FINRA) has taken steps to address complex products and options, including publishing guidance regarding sales practice concerns raised by complex products and options; issuing...

Bloomberg: During Bloomberg’s virtual Risk and Reg Week event Audrey Blater explored challenges the industry is having applying SEC Rule 15c2-11 to fixed income securities.

Bloomberg: Credit Suisse Group AG’s traders posted their worst first-half results in more than two decades, setting the stage for an overhaul that’s likely to see the lender’s trading heft shrink further.

Wall Street Journal: Bond traders may no longer be masters of the universe, but they could still be heroes for Wall Street. For several years following the 2008 financial crisis, the business of fixed income, currency and commodity trading was a...