S&P Global Market Intelligence: In general, customers have shifted to smaller banks from bigger banks, partly because the largest banks could not handle the unprecedented service demand that spiked during the early days of the economic...
Ignites: NYSE and Nasdaq can be expected to respond if MEMX shows signs of biting into their business, said Shane Swanson.
Institutional Investor: According to research by Greenwich Associates, some 93% of market data professionals say they are planning to use the cloud to help manage their data.
WSJ: “It’s a highly competitive environment,” Mr. Swanson said. “The other exchanges aren’t going to just sit there.”
The Desk: Analysis by research firm Greenwich Associates has found the US Treasury market saw volatility 50% lower in August 2020 than in August 2019.
CTMfile: Almost three-quarters of the large European companies participating in the Greenwich Associates 2020 Global Trade Finance Study had their business or supply chains negatively impacted by the COVID-19 crisis.
Bloomberg: “For the foreseeable future, there are many good reasons why people would be cautious about getting back into the basis trade,” said Ken Monahan...
Ignites: Social media has become “the vanguard of where financial advisors are turning in order to attract millennials and younger clients,” says Brad Tingley.
Financial Times: “If there’s one issue the industry has legitimate concerns and complaints about, it’s how prices are determined around market data,” said Shane Swanson.
The Trade: Research from Greenwich Associates shows that the number of traders on desks has changed very little from 2018 to 2019 despite technological advances.
