Press Releases

The Broker Vote: How Institutions Decide Which U.S. Equity Brokers Are In, Which Are Out, And Who Gets Paid

July 9, 2014

A new report from Greenwich Associates sheds light on the process used by institutional investors to determine which U.S. equity research and providers and brokers they will use and, perhaps more importantly, how much compensation these providers will receive in the form of brokerage commission payments.

High-Touch / Execution Consulting Services And Performance-Driving Technologies Spell Opportunity For Sales Traders

June 26, 2014

Equity brokers are pricing traditional “high touch” trades as a premium service—and investors are proving themselves more than willing to pay.

Equity Commissions Fell Below Expectations, RBC Capital Markets Maintains Lead on Canadian Equity Brokers

June 24, 2014

For 12 months ended Q1 2014, the pool of Canadian equity commissions (tracked within the Greenwich Associates universe of 96 trading desks) declined about 12% from an estimated $690 million down to $605 million – well below expectations noted a year ago. 

U.S. Companies Turning to Non-Bank Providers for Credit

June 18, 2014

A notable share of U.S. small businesses and middle market companies are obtaining credit from non-bank providers. The most troubling news for banks—and possibly for regulators: nine out of 10 companies that borrowed from these alternative lenders say they’ll look to tap non-bank providers for credit again in the future.

Bank of America Merrill Lynch, Goldman Sachs, JP Morgan Top Market in U.S. Equity Trading

June 17, 2014

Bank of America Merrill Lynch, Goldman Sachs and J.P. Morgan are tied for the number-one spot among brokers, with trading shares of 8.3%–8.5% in U.S. Equity Trading for combined high-touch and low-touch cash equity commissions with U.S.-based institutions as of early Q1 2014.

Financial Reform Efforts Having Little Impact on Corporates' Use of Interest-Rate Derivatives

June 16, 2014

Regulations are having little to no impact on corporate use of, and dealer selection for, trading interest-rate derivatives, according to  research from Greenwich Associates.

Institutional Brokerage Commissions on U.S. Equity Trades Notches First Growth in Five Years

June 4, 2014

For the first time in five years, the total amount of commissions paid by institutional investors to brokers on trades of U.S. equities increased from 2013 to 2014, according to a series of new research reports from Greenwich Associates.

Increased Cloud Adoption Would Save Hedge Funds Millions

May 14, 2014

A switch to cloud technology would provide badly needed computing power and significantly reduce technology costs for institutional investors.

ETFs Gaining Momentum in Insitutional Market

May 12, 2014

Institutional use of exchange-traded funds (ETFs) is climbing as institutional investors adopt ETFs both as an every-day tool in routine portfolio functions and as a means of obtaining long-term strategic investment exposures, according to the results of a new study, ETFs: An Evolving Toolset for U.S. Institutions, from Greenwich Associates.

Algorithmic Trading Takes Hold in FX and is Expected to Grow

April 1, 2014

Algorithmic trading strategies are taking hold in FX — a development that is providing a boost to proprietary bank trading systems that had been losing market share to multi-dealer trading platforms.