Traders: “The market makers are really setting those prices and very often on exchanges. And that’s a sophisticated risk management exercise,” she said in an in-person interview with Shane Swanson.
FT: “The risk is that if the broker dealers feel they can’t be in compliance based on the interpretation of their internal teams then they might be forced to stop quoting certain bonds to ensure they aren’t out of compliance,” said Kevin...
Wealth Professional: “Most investors do not target innovation directly because they simply do not know how or where to start,” says Davis Walmsley.
Institutional Investor: Middle-market private equity sponsors have made a remarkably smooth transition during the pandemic, according to research by New York Life Investments Alternatives and Coalition Greenwich.
Traders: Coalition Greenwich said in a report at the start of this year that adding more exchanges increases complexity in an already fragmented marketplace...
WSJ: About 41% of the $20.3 billion in investment-grade corporate bonds that changed hands this July were traded electronically, up from 26% in July of 2019, according to Coalition Greenwich..
IFR: Deutsche’s roughly US$5.1bn in H1 debt and currency trading revenues were nearly double the level it recorded over the same period in 2019 and gave the bank the third largest share of these markets in the first six months of the year,...
SPGMI: "The third quarter has been materially slower, with lower client volumes, lower volatility and head count turnover," Michael Turner told S&P Global Market Intelligence.
The Washington Post: “The industry is mildly freaking out,” Kevin McPartland said in an interview.
Reuters: The 12 biggest investment banks globally earned $28 billion in revenues from trading commodities, bonds and currencies in the first quarter of 2021, up 15% from a year earlier, according to Coalition Greenwich data.
