Press Releases

Walls Between Electronic Traders and "High Touch" Sales Traders Starting to Fall

September 23, 2015

The walls between electronic trading and high touch execution are starting to crumble as growing numbers of U.S. institutional equity investors accept coverage from a single sell-side sales trader for both e-trades and traditional block trades. 

Global Banks Cede Corporate Relationships to Aggressive New Providers

September 15, 2015

Evolving market forces coupled with falling pricing of trade finance has put pressure on global banks and created an opportu­nity for provid­ers from Japan and other Asian markets—and even some western banks eager to build a presence in Asia.

Payment for Research: The Calm Before the Storm

September 10, 2015

Regulators’ upcoming decisions on the issue of “unbundling” will determine the fate of approximately €1.7 billion in European equity brokerage commission payments used by institutional investors to reward providers of equity research and advisory services.

Institutions Transform Asian Portfolios

September 2, 2015

In the six years since the global crisis roiled investment markets, Asian institutional investors have transformed their portfolios.

Conduct Risk - Connecting the Dots

September 2, 2015

Fixed-income, currency and commodities markets are feeling the effects of a new focus by regulators on tightening standards of conduct and ensuring that dealers act in the best interests of all their clients. 

Surging BMO Capital Markets Joins RBC Capital Markets Atop Canadian Fixed-Income Market

August 26, 2015

On the strength of strong gains in market share, BMO Capital Markets has closed the previously precipitous gap between it and the perennial market leader, RBC Capital Markets.

Broker Cutbacks and New Regs on Equity Research Spark Review of Institutional "Broker Votes"

August 26, 2015

Looming regulatory changes and potential shifts in the supply of broker research are forcing institutional equity investors to take a hard look at the “broker vote” processes they use to value sell-side research and compensate providers.

Growth Stalls in U.S. Equity eTrading

August 12, 2015

After years of robust growth, e-trading volumes in U.S. equities have flatlined since 2012. Putting the brakes on the e-trading expansion has been a combination of increased market complexity, high levels of business concentration and competing demands for order flow.

2015 Share and Quality Leaders in U.S. Fixed Income - Goldman Sachs, Citi and Deutsche Bank Tops in Overall Market Share

August 6, 2015

 Dramatic changes to the U.S. fixed-income market have left many investors worried about their ability to access liquidity.

Unpredictable Regulatory Framework Poses Challenges as Nordic Institutions Move Out of the Credit Curve

August 5, 2015

Institutions in the Nordics already have continental Europe’s biggest allocations to equities, and those exposures—along with investments in other risk assets—are poised to grow further as institutions continue to adapt to persistently low interest rates by seeking out sources of badly needed return.