“While corporate bond trading still relies heavily on personal interactions and trust, technology innovation has allowed those relationships to remain intact but become more effective and efficient,” said Kevin McPartland.
“Buy-side traders think the risks associated with electronic market makers might actually be greater than the benefits they create,” says Richard Johnson.
The economic benefits of trading futures as an alternative to over-the-counter instruments will continue to drive growth in the foreign exchange futures markets, according to Greenwich Associates.
“What we are experiencing—and what many more professionals will experience next year—is the delinking of investment results and compensation,” said William Llamas.
"Employees will feel that pressure in several ways, including reductions in incentives and the "juniorization" of jobs that depress salaries and overall compensation for internal roles. At the same time, professionals will also be asked to do more,...
Greenwich Associates said in a recent report, Technology Transforming a Vast Corporate Bond Market, that there has been an increase in autoquoting, where liquidity providers are increasingly responding to RFQs below a certain size and/or risk...
Fixed-income dealers are spending as much as $20 billion a year on RegTech to help them comply with the raft of regulations covering their trading desks, according to a new report from Greenwich Associates.
A study published by Greenwich Associates looking at the costs associated with trading FX futures and cash OTC FX products argues that some buy side traders can achieve “significant” savings by using futures over cash.
According to an annual survey by Wall Street intelligence firm Greenwich Associates, asset management compensation increased by 7% from 2016 to 2017.
When a bond goes off-the-run, transaction costs rise by an average of 40%, the length of time to execute increases by one-third, prices increase by 15% and market depth falls by nearly 37%, according to a Greenwich Associates report.
