In The News

The Trade News: Report from Greenwich Associates found that technology spending on buy-side trading desks increased slightly by 4% year-on-year.

The Block: Swanson said a closure of the floor for an extended period could "change the mental calculus."

Bloomberg: “There are natural interactions with others on the trading desk, and across the floor, that you use to get market color,” said Shane Swanson. 

Investment Europe: In a study conducted by Greenwich Associates participants reported executing FX futures at mid, 35% of the time on average. 

WSJ: A move to examine trading practices in Treasury securities would be a big step in a market that has historically had little transparency, said Kevin McPartland.

South China Morning Post: Average ETF allocations grew to 23 per cent of total assets in 2018 from 14 per cent in 2017, according to Greenwich Associates.

Finance: „Die US-Banken profitieren von ihrem starken Heimatmarkt und dem dort besseren Zinsumfeld. Sie können daher mehr Geld in die Digitalisierung investieren, was auch ihren europäischen Aktivitäten zugutekommt“, sagt Tobias Miarka.

Financial Times: “If you are no longer sitting in the trading room and you don’t hear that old-fashioned market colour that comes across the desk, that has the potential to change the dynamics of the market,” said Kevin McPartland.

MarketsMedia: Greenwich said in a report in 2019 that FX market participants increased adoption of algorithms by 25% year-on-year. 

WSJ:“Given the somewhat unprecedented state of things right now, I think the functioning of markets have held up well,” McPartland said.