Trading in corporate bond markets was surprisingly steady in 2021, despite macroeconomic factors that would have suggested a much more volatile year. The market’s average daily trading volume of $33....
U.S. Treasury average daily volume (ADV), volatility and electronic trading all ticked upwards as the market moved from transitory inflation to accelerated Fed tightening in 2021. While trading...
Portfolio managers aren’t the only ones generating alpha. While trading was once only a necessary cost for implementing an investment strategy, trading desks today—with the right market access,...
U.S. option market volumes caught fire in 2021. Records were made, broken and then almost immediately broken again. The top six volume months in the history of the Options Clearing Corporation (...
Digital asset market structure to date has been built primarily with retail, high-net-worth, venture capital, family office, and crypto-native investors in mind, as they have been the most ready...
While businesses tried to get back to business in 2021, the year was far from normal. In fact, it seems unlikely that normal will ever be uttered again about global markets. But maybe that’s a...