In The News

Bloomberg: Industrywide revenue from the business hit a record US$27 billion in 2024, up about 13 per cent from a year earlier, according to data from Crisil Coalition Greenwich.

Reuters: Gaurav Arora said a surge in client demand for portfolio rebalancing would likely drive sales and trading revenues across the sector, but growth in transaction banking, advisory, and underwriting revenues would be more subdued.

Traders: “OMS solutions are increasingly modular, open and customizable,” said Audrey Costabile.

Markets Media: There is growing demand for institutional-grade, institutionally-focused venues, markets and technology infrastructure as digital asset trading volumes increase, according to Crisil Coalition Greenwich.

GTR: Eric Li says short-term activity has been “quite positive as corporates have been stockpiling since November last year in anticipation of tariffs”.  

The Desk: Electronic trading makes up more than half of trading in US Treasuries, according to analyst firm Coalition Greenwich, with overall e-trading taking 58% of total volume and 61% of dealer-to-client volume in January 2025.

Finance Magnets: Data from Crisil Coalition Greenwich indicates that on average, less than half of non-bank liquidity provider revenues come from market making activities – with prop trading accounting for an increasing proportion of revenue...

The Desk:  The proportion of that volume e-traded, though, dropped back in the face of uncertainty, with dealer-to-dealer, on-the-run and voice trading rising in popularity over the month, according to Coalition Greenwich.

The Desk: Average trade sizes increased over March as more traders adopted a block approach, up 14% YoY to US$426,000, according to Coalition Greenwich.

Financial News: “The current economic landscape, marked by uncertainty surrounding tariffs and a surge in client demand for portfolio rebalancing, is poised to significantly drive up sales and trading revenues for banks,” said Gaurav Arora.