FT: According to Kevin McPartland, to facilitate bond ETF arbitrage, specialists like Jane Street and Flow Traders have stepped into the underlying bond market, creating a “virtuous cycle.”
Reuters: According to Coalition Greenwich: Prime Brokerage, in which banks offer hedge funds services including financing, securities lending, custody and trade execution, is worth some $20 billion a year in revenues to banks. That has risen from...
The Desk: IRD notional volume was up by 11% between 2022 and 2023, reaching US$324.5 trillion according to a recent Coalition Greenwich report. In the same time, dealer revenue from interest-rate swaps trading fell by 9% to US$7.96 billion. This...
The Desk: Japan’s initially slow adoption of e-trading is increasing in pace as local investors seek liquidity in local and foreign markets, according to a recent report from Coalition Greenwich. On the future of e-trading, the report concludes: “...
The Desk: A recent report from Coalition Greenwich noted that electronic trading levels have hovered at around 60-70% of market share for the year to date, with 2023’s full-year levels averaging at 64%. Kevin McPartland, head of research, market...
Euromoney: HSBC ranks number one in large corporate banking penetration and in large corporate cash management penetration in Asia in 2024, according to Coalition Greenwich
Coalition Greenwich said in a report in June this year, ‘Corporate Bond Dealers Focus on Trade Automation’, that gaining access to additional data sources was the third top technology priority in 2024. Kevin McPartland noted that a big question is...
Markets Media: Brokers are battling shrinking commissions, staffing shortages and other growing pains as they rush to keep pace with the rapid expansion of e-trading in U.S. equities.“In addition to staffing issues, low-touch traders are still...
The Desk: In the U.S., which has a consolidated price tape for equities and fixed income markets, allowing for more transparent analysis, Coalition Greenwich found that 21% of equity trading in 2023 was conducted via high-touch sales-trading, which...
The Trade: With electronic equities trading continuing to rise, a notable proportion of US low-touch desk expect to expand their teams over the next 12-18 months, a new report from Coalition Greenwich has found. “Those who invest in the latest human...
