Volumes in the U.S. Treasury market are up in the first few months of 2019, and as Greenwich Associates data shows, so too is competition…
Author: kevinonthestreet
Technology has fundamentally changed the financial markets over the past two decades. By and large, these changes have been positive – lower trading costs for…
On February 7th I spoke with Virtu Financial’s CEO Doug Cifu. The conversation touched on Virtu’s history, recent acquisitions, equity and fixed income market structure…
Treasury Secretary Mnuchin recently blamed high frequency trading and the Volcker Rule for recent volatility in the markets. While I love to see high ranking…
Greenwich Associates just published my recent work examining changes to how US Treasurys are traded. After years of little change, some real disruption now seems…
I spent the latter part of the summer digging into the state of emerging markets fixed income. The result was research that acts as both…
U.S. Treasury volumes in October hit their highest level since May 2018, with an average daily volume of $554 billion. The equity market’s precipitous decline…
Oliver Renick and I had a good discussion about what caused (and didn’t cause) the equity market sell off in October 2018. I’m a market…
Fall is budget season. This is the time when most of corporate America spends countless hours making educated guesses as to how much money they…
The $41 trillion U.S. bond market allows corporations to grow, governments to finance themselves efficiently, investors to gain fixed returns with lower risk, communities to build infrastructure,…