Low-touch channels are anticipated to receive more than 40% of the commission wallet for the first time in 2014, up from 35% in 2013, according to TABB. Rebecca Healey, a TABB senior analyst, says that over 60 per cent of the buy-side are
Butterfield Fund Services, formerly a wholly-owned subsidiary of Bermuda’s Butterfield Bank, and Fulcrum Group, an independent fund administrator also with headquarters on the island, back
Trading in investment products and leverage products on the European financial markets fell in the second quarter of 2014. At EUR26.4 billion, the trading volume was down 21.0 per cent compared with the previous quarter. Exchange turnover was down
ConvergEx Group has launched a dynamic order routing strategy that allows clients to designate a percentage of an order to be sent to IEX, with the remainder going to ConvergEx’s Darkest algorithm. The algorithm searches for liquidity among more than
Traiana’s Harmony network, the firm’s global product for equities swaps/CFD markets, is now live in the Asia Pacific region. The demand for the equity swap network in Asia is a reflection of the change in behaviour in this market, the
iTB Holdings has upgraded the interface for iTBconnect, a platform that connects market participants to the electronic fixed income trading venues of their choice. The new interface will enable iTBconnect users to display their bids/offers and inventory to electronic fixed
By James Williams – “At Vanguard we view swap futurisation as a positive development. It is another step in the trend towards convergence of how fixed income securities are traded electronically. Whether its swaps or swap futures, going forward you
Investment banks are implementing tough internal rules, perhaps in a very practical way, to streamline the way they lend to hedge funds.
Chi-X Japan Limited, a wholly owned subsidiary of market operator Chi-X Global, launched Chi-Match VWAP Cross (Volume Weighted Average Price) on 1 September. Chi-Match VWAP Cross offers participants a broker neutral morning, afternoon and full-day cross. Chi-X Japan trading
Morningstar is to make eVestment separate account and hedge fund data available to users of Morningstar Direct, the company's investment analysis platform for institutional investors. eVestment's database of more than 22,000 separate accounts and 23,000 hedge funds will be available
