FT: "Some of this is just hype around a new technology. I’m not sure it’s quite as revolutionary as it’s sometimes made out to be," said Kevin McPartland
The Trade: A Coalition Greenwich report has found that the uptake in algo trading in FX during the pandemic could be here to stay permanently.
Bloomberg: In May, 37% of investment-grade and 26% of high-yield trading volume was on electronic platforms, according to a Coalition Greenwich report...
IFR: he top 12 global investment banks are projected to report second-quarter revenues of roughly US$50bn across fixed income, equities and investment banking, according to preliminary estimates from analytics firm Coalition Greenwich.
IFR: “BNP Paribas’s plans to develop a full-service equities franchise are ambitious,” said Michael Turner. “However, this is a journey that should make them more rounded and improve RoE over the cycle..."
MarketsMedia: Kevin McPartland, head of research for market structure and technology at consultancy Coalition Greenwich, said in a report that 84% of corporate bond investors believe there is value in the buy side providing liquidity.
Bloomberg: Wall Street banks’ rates-trading units deal in products tied to interest rates, such as government bonds and derivatives. The industry reported a “significant improvement in revenues” last year amid the turmoil brought on by the...
Financial News: A coming golden age for investment banking, which the analysts predict will see 5% growth a year, comes after a period where over 15,000 frontline jobs have been lost since 2012, according to data provider Coalition Greenwich.
Finextra: According to a recent study from Greenwich Associates, around one third of US buy-side firms are now actively looking to outsource some or all of their front office trade execution activities to third parties.
Financial News: In April, Financial News reported that companies now wanted tech that is able to “predict” suspicious behaviour among home workers “based on language use and tone, and really, really subtle things,” said Danielle Tierney.
