Financial companies spent more than $1 billion on third-party trade surveillance technology in 2018, as they invested heavily in “regtech” solutions for anti-money laundering (AML), know your customer (KYC) and other functions.
The new Greenwich Report represents the most comprehensive study of algo key performance indicators (KPIs) to date and helps traders optimize algo performance by identifying and analyzing the most important components of execution quality.
After years of watching their equity market peers shift business to algorithmic trades, many FX market participants finally took the leap into the algo pool themselves last year, with adoption increasing by 25% year on year.
Banks are collectively investing billions of dollars in new technology platforms, but when it comes to understanding how all that IT spending is actually affecting their competitive positioning, senior executives have been flying blind.
FX market participants are spurning anonymous trading on ECNs in favor of disclosed, bilateral trades executed through a variety of channels—as well as a growing share of business done through API aggregators.
Asian fixed-income markets are being transformed by three powerful and interrelated trends: The growth of investment in local currency bonds, the rise of regional dealers and the accelerating expansion of e-trading.