As they attempt to rid their balance sheets of huge volumes of non-performing assets, India’s public sector (PSU) banks are losing valuable lead banking relationships with the country’s largest companies.
Unbundling and other trends playing out in global equity markets have freed up U.S. buy-side traders to exercise more discretion over their order flow.
Distributed ledger technology (DLT) will have a profound effect on clearing and settlement, but taken too far, it might actually turn the clock backward and reintroduce problems financial markets have been working to alleviate for more than 500 years.
According to new Greenwich Associates data, firms are shifting their focus to security tokens – digital securities recorded on a blockchain and issued in full compliance with the securities regulations in the jurisdiction in which they are offered.
Traders have adapted to the MiFID II regulations and are navigating the new European equity trading landscape. However, there have also been some downsides, including increased difficulty in sourcing liquidity and a shift away from Europe’s midsize/regional brokers.