In The News

Reuters: Prime broking is worth some $20 billion a year in revenues to banks, up from $15 billion in 2020, according to Coalition Greenwich, luring banks like Barclays to expand. The top banks by market share have dominated for years, however, with...

IFR: U.S. corporate bond e-trading volumes have nearly tripled over the past five years to an average of US$19bn per day in May, according to Coalition Greenwich, while non-electronic volumes only increased 8%. E-trading now accounts for 44% of all...

Euromoney: Gregory Schneider suggests the rebound in loan volume represents at least a temporary reversal from the contraction of 2023, with an improving economic outlook allowing some banks to loosen their lending policies and giving some...

Investment News: In a report published this week, Coalition Greenwich said that experts from market participants have tried to predict the impact of the new regulations and debated the potential pros and cons for all sides since the rules were...

Efinancial Careers: According to Coalition Greenwich, in 2023, revenues per head for front office staff working in equities sales and trading in banks averaged just $3.6m. Both Jane Street and Citadel Securities can afford to pay a lot more than...

The Desk: “Market participants expect dealers and trading venues to come out as winners from central clearing, while hedge funds and non-bank liquidity providers may find a harder road ahead,” McPartland noted.

Futures & Options World: US Treasury market users expect the cost of trading to increase, but anticipate more competition from new venues ahead of new clearing mandates set to be rolled out next year, according to research from Coalition...

Bloomberg: Mandatory central clearing of US Treasuries will make the market safer, but at the expense of costlier trading and potentially curtailed volumes, according to a new Coalition Greenwich study.

Efinancial Careers: 49% of investment grade trading and 35% of high yield trading in the U.S. now takes place electronically, and this is increasing, according to Coalition Greenwich. In investment grade, the average daily trading volume for...

FT: “Citi has a tremendous corporate franchise and a lot of the technical expertise to serve the commercial segment largely in place,” said Chris McDonnell.