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.
Trading technology: Private infrastructure prevails
Greenwich Report
Private infrastructure remains a popular choice for trading technology workloads, with 53% of firms leveraging private infrastructure on premise, despite the growing attention paid to public cloud infrastructure.
U.S. corporate bond investors on growth, e-trading and ETFs
Greenwich Report
Our 2025 Voice of Client Study for the U.S. corporate bond market included interviews with 145 traders and portfolio managers at asset managers, hedge funds and insurance companies.
Nigeria’s capital markets: An emerging opportunity
Greenwich Report
Africa’s capital markets are shifting from episodic primary issuance to sustained, two-way secondary trading. Over the last year, liquidity has improved across select markets, supported by reform momentum, better market structure and a widening...
The Coalition Investment Bank Index, which tracks the performance of the 12 largest investment banks globally, demonstrated robust performance in FY25, rising 14.5% year over year to $174.7 billion.
Municipal bond e-trading reaches new record
MarketView
Nearly 21% of municipal bond volume traded via multidealer trading venues in Q1 2026, eclipsing both the previous quarter and the high-water mark set in Q4 2023.