Pay levels in the asset management industry are on the decline in 2016—marking the second consecutive year of reduced compensation for professionals at traditional asset management firms and the...

Just as the U.S. swaps market was starting to feel some market structure certainty, the political situation in Washington was upended, bringing uncertainty back. The Republican president and...

Though MiFID II implementation is still well over a year away, larger global and European asset managers are already taking actions to address its core requirement to separate payment for research...

Banks are contending with the dual challenge of growth and becoming more efficient at the same time. Digital banking is at the center of this challenge and in an increasingly digitized world,...

There are many market structure issues that have been much discussed topics since the passage of Reg NMS, such as high-frequency trading, dark liquidity, co-location, and fee structures. Other...

Asset managers working to refine their strategies to leverage their competitive advantages and embrace their business model will benefit in a competitive market. By carefully determining the optimal...

For many finance executives, social media is an important part of their professional lives. It is used to engage with peers and colleagues, to research sales leads, to learn from industry leaders...

The top five dealers in U.S. Treasuries handled 58% of client trading volume in 2016, and the top 10 a collective 85%. In 2009, just following the credit crisis, these numbers looked remarkably...

Sell-side trading desks have been upended by structural and cyclical changes. It is clear to most that the previous playbook doesn’t work all that well anymore, and revisions need to be made to...

The use of commission management programs (CMPs)—commission sharing arrangements (CSAs) and client commission agreements (CCAs)—has been a topic of discussion for years. CMPs have been a valuable...