As the Algo Wheel Turns
Traders: Shane Swanson said: “In a difficult year, it appears that many firms turned to the tried and true to get their orders executed.”
Traders: Shane Swanson said: “In a difficult year, it appears that many firms turned to the tried and true to get their orders executed.”
eFinancial Careers: The latest research from Coalition Greenwich shows front office banking headcount falling globally by 400 people between the fourth quarter of 2020 and the end of the first quarter of 2021, a drop of around 1%.
SPGMI: The world's top 12 investment banks posted their best first-quarter revenues in six years despite more than $6 billion in losses linked to collapsed U.S. hedge fund Archegos, which hit equities trading, new research by Coalition...
Financial News: The stock trading units of the 12 biggest investment banks would have made $17.7bn in the first three months of the year, an increase of 63%, according to Coalition Greenwich.
Traders: The report, Algos, ATSs and Automation in Equity Markets, said: “In a difficult year, it appears that many firms turned to the tried and true to get their orders executed.”
Best Execution: Coalition Greenwich report shows regulatory compliance and operational efficiency top priorities.
SPGMI: Even with new SPAC issuance drying up, investment banks still stand to gain between $8 billion and $10 billion in SPAC-related fee revenues over the next two years by assisting already-listed SPAC's in finding targets, says Eric Li.
L'Agefi: La concurrence s’est intensifiée au cours des cinq dernières années. Face au recul continu des activités de courtage actions et grâce à l’accès à plus de capacités de financement, "les banques se sont tournées plus massivement vers le...
SPGMI: Coalition Greenwich...estimates that the banks' active in underwriting and advising SPAC's which went public between the start of 2020 and the end of 1Q21 still have to book anywhere from $8 billion to $10 billion in fees.
FinNews: Coalition Greenwich report finds positive correlation between managers’ perceived commitment to D&I and performance.