Outsourced trading in equities: The third channel
Greenwich Report
Buy-side trading desks have spent the last decade learning how to do more with less. At least 15% of them now augment their desks with outsourced trading providers.
New
Electronic U.S. Treasury volume in May grew 17% from May 2025, with nearly $670 billion in bonds trading via trading venues and direct electronic links between counterparties.
New
Why dealers are net short corporate bonds
MarketView
Investment-grade bonds continued their journey toward flow status in May, with the average daily notional volume (ADNV) up 18% and electronic trading volume up 17% year over year.
New
In 2020, India made a clear pivot away from tightly managing foreign access to its bond market toward a market structure that embraces global demand. The Fully Accessible Route (FAR) was the turning point.
New
The expanding role of NBLPs: Inside FY25 revenue growth
Greenwich Report
As we noted last year, while the importance and influence of the largest traditional banks in global markets cannot be overstated, the gravitational pull of the “bulge bracket” nonbank liquidity providers (NBLPs) continues to intensify.
New
Fixed-income TCA adoption is set for growth as future intent surges
Greenwich Report
Interviews with fixed-income professionals working at buy-side firms reveal a significant shift in sentiment toward transaction cost analysis (TCA), even as current adoption rates remain stable.
Electronic trading held steady in April while overall volumes dropped month over month (12%) and year over year (5%), given the unique events of April 2025 and March 2026.
The U.S. Treasury market took a breather in April after the war in Iran catalyzed March’s record trading volumes.