FT: Though fixed income trading fell across the board, it was not as bad as the 20 per cent declines projected by analysts such as Coalition Greenwich.
Traders: “Data standardization enabled by the FXGC will drive the continued adoption of tools like execution algorithms and TCA,” says Stephen Bruel.
Bloomberg: To Shane Swanson, the shift reflects an evolution where the job of human traders has become one that demands high data-analytical skills.
FT: Electronic trading has grown from about 30 per cent at the start of 2020 to 40 per cent this year for investment-grade rated bonds, according to research group Coalition Greenwich.
FT: Fixed income trading, which helped Goldman report record profit earlier this year, is expected to drop 20 per cent across the industry as trading returns to more normal levels, according to Coalition Greenwich data.
FT: “The banks never were there to catch the falling knife but they certainly did act as a pretty huge liquidity buffer to the marketplace in a way that they can’t or won’t today,” said Kevin McPartland.
Investment Executive: Firms in the financial sector are investing heavily into compliance measures designed to prevent the kind of misconduct that could lead to costly reputational damage, according to Coalition Greenwich.
Advisor's Edge: Additionally, being required to work remotely may have actually improved efficiency in the financial industry, according to U.S. research firm Coalition Greenwich.
Nasdaq: A new study conducted by Coalition Greenwich and sponsored by BNP Paribas Asset Management indicates that DTEC could be in the right place at the right time as nine of 10 wholesale and institutional investors...
Bloomberg: “On the back of strong corporate broking relationships, U.K. banks briefly made headway last year,” said Eric Li, “but 2021 has seen the balance revert to normal, with U.S. underwriters taking the bulk of the winnings from the IPO...
