An influx of foreign inflows is powering strong growth in Indian bond markets, following a series of reforms that opened the market to international investors and led the way toward the inclusion of Indian bonds in key global bond indices.
Revenues generated by nonbank liquidity providers (NBLPs) are surging as the industry benefits from the volatile trading environment, the expansion of digital assets, the proliferation of exchange-traded funds (ETFs) and a growing willingness among institutional investors to look beyond traditional banks for liquidity in electronic trading.
Over 80% of buy-side fixed-income professionals use or expect to use transaction cost analysis, to help benchmark the costs of individual trades and demonstrate best execution.
Large European companies are less than impressed with the results of bank innovation in cash management—a perspective that must come as a disappointment to banks spending huge sums to modernize their platforms in cash management and other key client systems.
U.S. corporate bond trading volume increased 22% last year, and more than half of institutional bond traders and portfolio managers expect trading activity to post another annual increase in 2026.
Foreign exchange liberalization, tighter monetary policy and increasing transparency have helped Nigeria reemerge as one of the most commercially compelling financial markets in sub-Saharan Africa.
Macroeconomic turmoil and market volatility that triggered a surge in trading volumes and hedging activity powered a strong double-digit increase investment banking revenue in fiscal year 2025.
A proposed regulatory shift that would lower capital reserve requirements for U.S. banks could revive bank activity in capital markets, help banks recapture market share from nonbank competitors and potentially give U.S. banks a permanent structural advantage over European rivals.
Although the expanding presence of nonbank liquidity providers is creating a new layer of liquidity for participants in foreign exchange markets, traditional relationships still stand out.
Canadian institutions are planning a major pullback from domestic stocks, with assets expected to shift mainly into global passive equities and alternatives.