The COVID-19 pandemic is disrupting the evolution of the US equity market structure causing current exchanges to lose trading volumes and upending plans for new ones to launch.
As portfolio trading becomes more popular among buy-side traders, research has warned a large portfolio trade could increase risks around the CSDR buy-in regime if a single trade fails.
Jefferies, Morgan Stanley, Goldman Sachs, JP Morgan, Citi and Bank of America were considered ‘standout dealers’ by US buy-side traders.
Greenwich Associates asked fixed income buy-side which dealers stood by them best throughout the recent market volatility.
Report from Greenwich Associates found that technology spending on buy-side trading desks increased slightly by 4% year-on-year.
Greenwich Associates designates Citi as the world’s top fixed income dealer five years in a row.
The latest research from Greenwich Associates reveals traders are not in favour of increased fragmentation, as three exchanges prepare to launch this year.
JP Morgan nabs top market share in European fixed income, as e-trading grows to 45% of overall trading in the market in 2019.
Sourcing European equity liquidity continues to prove troublesome for asset managers under the new regulatory regime.
Research says that buy-side firms spent over $1 billion on OMS and EMS last year, as Bloomberg leads list of primary platforms.