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.
Hubbis: The pressure on transaction banks is further highlighted in a digital transformation benchmarking study by Coalition Greenwich...
Reuters: The biggest UK banks tracked by research firm Coalition Greenwich made $12 billion from wealth management in 2023, up 11% year-on-year, and St James's Place is projecting 7% future growth in the overall wealth market.
Euromoney: A digital transformation benchmarking study published in July by Coalition Greenwich noted that transaction banking in Asia has digitalized at a slower pace than other parts of corporate banking.
The Desk: A smaller proportion of Treasury trading is done electronically than was previously estimated. In 2023, 59% of volume was executed electronically, lower than Coalition Greenwich’s previous estimate of 64%, based on data from the New York...
The Full FX: A new study from Coalition Greenwich says corporate treasuries are not paying enough attention to their FX activities, and could greatly enhance performance through the adoption of different practices.
