With our connectivity to the buy-side, Coalition Greenwich conducted a “flash study” on investor sentiment in the context of the Russia-Ukraine war. We asked equities, fixed-income and foreign exchange (FX) institutional investors about the...

Shane Swanson and David Easthope discuss the recent SEC proposal to update the definition of “exchange” and the potential implications for technology firms, particularly those trading crypto, digital assets, and others in the DeFi ecosystem. The...

At the January 26, 2022, SEC Open Meeting, the Commission voted 3 to 1 to: Propose amendments to Exchange Act Rule 3b-16 (the definition of “Exchange”); Re-propose a modified Regulation ATS for ATSs that Trade U.S. Government Securities (...

The equity market, it seems, is again obsessed with dark pools.  Alternative Trading Systems (ATSs) have recently seen investment and purchases at an astounding level.  In just the last few months we have seen the purchase of...

On February 18, 2021, the U.S. Congress held the first hearing related to the GameStop trading abnormalities. During this hearing, U.S. Representative David Scott (D-GA) raised the issue of social media’s effect on capital markets trading, calling...

“This is a big year for uncleared margin,” a poignant statement from ISDA CEO Scott O’Malia in his recent conversation with Coalition Greenwich. The next phases—5 and 6—to be implemented on September 1, 2021 and September 1, 2022 respectively, will...

One of the most interesting questions we ask our participants in the annual Market Structure and Trading Technology study is which technologies have the most potential to be truly impactful on the trading desk. In other words, where does the hype (...

Ah, the siren song of easy money—that is what the idea of a financial transaction tax (FTT) conjures up for legislators. After all, the reasoning goes, a small charge added to every securities transaction cannot possibly cause any harm and can...

The latest shock to the markets isn’t what is happening in the S&P or the Dow Industrials, but what is happening slightly behind the scenes. In a somewhat unusual presentation on Monday, June 22, 2020, the SEC and the Anti-Trust Division of...

The COVID crisis turned the trading world on its head. Amid unprecedented volume and volatility, the financial industry also undertook a revolutionary move to adapt to COVID by moving nearly the entire workforce to work from home. One area that...