In The News

Kitco News: Although inflation fears appear to be a significant driver for gold, McCollum said that this is just one factor investors are looking at. He added that many investors are looking to gold as an important diversification tool.

Bloomberg: For much of a decade after the financial crisis, total wallet for the 12 largest trading firms fell again and again. Their combined revenue from the business bottomed out at $110 billion in 2017 and hardly improved in the two years that...

Euromoney: "The smartest banks are increasingly focused on speed-to-market rather than touting a 100% in-house solution,” said Chris McDonnell.

The Trade: A Coalition Greenwich report has found that the uptake in algo trading in FX during the pandemic could be here to stay permanently.

FT: "Some of this is just hype around a new technology. I’m not sure it’s quite as revolutionary as it’s sometimes made out to be," said Kevin McPartland

Bloomberg: In May, 37% of investment-grade and 26% of high-yield trading volume was on electronic platforms, according to a Coalition Greenwich report...

IFR: “BNP Paribas’s plans to develop a full-service equities franchise are ambitious,” said Michael Turner. “However, this is a journey that should make them more rounded and improve RoE over the cycle..."

IFR: he top 12 global investment banks are projected to report second-quarter revenues of roughly US$50bn across fixed income, equities and investment banking, according to preliminary estimates from analytics firm Coalition Greenwich.

MarketsMedia: Kevin McPartland, head of research for market structure and technology at consultancy Coalition Greenwich, said in a report that 84% of corporate bond investors believe there is value in the buy side providing liquidity.

Bloomberg: Wall Street banks’ rates-trading units deal in products tied to interest rates, such as government bonds and derivatives. The industry reported a “significant improvement in revenues” last year amid the turmoil brought on by the...