Talking US Treasury Market Structure with FIA

Talking US Treasury Market Structure with FIA

Its been way too long since I’ve posted. Funny how writing for a living makes it hard to write your own blog. Something like “the…

Are Fixed Income ETFs Derivatives? My conversation with Bloomberg TV.

Are Fixed Income ETFs Derivatives? My conversation with Bloomberg TV.

Some new research from Greenwich Associates found that institutional use of Fixed Income ETFs is growing. Not surprisingly really, but digging more deeply into why…

Is a crisis a crisis if everyone knows its coming?

Is a crisis a crisis if everyone knows its coming?

(also published on the Greenwich Associates blog) A crisis is a crisis because most people didn’t see it coming. Unexpected events freaks people out causing…

Talking Equity Market Structure with Benzinga

Talking Equity Market Structure with Benzinga

Every month or so I have the pleasure of talking with the folks at the Benzinga #Premarket morning show.  The listener base is predominantly retail which…

15 for 15: Top Market Structure Trends to Watch in 2015

15 for 15: Top Market Structure Trends to Watch in 2015

Market structure happenings have been fast and furious since 2009, and 2014 did not disappoint.  Mandatory SEF trading finally began, fixed income electronic trading continued…

The GOP-led Congress will not repeal Dodd-Frank, nor should they

The GOP-led Congress will not repeal Dodd-Frank, nor should they

Early in November I chaired the FTF DerivOps conference in NY.  The conversation in 2014 was a lot more about the market than it was…

Trying to divine the evolution of the SEF landscape

Trying to divine the evolution of the SEF landscape

I’ve been at Greenwich Associates a little over a year now.  Since I’ve been here I’ve written a few blog posts about SEFs, but have…

US Treasuries are trading electronically, but we still need bond traders

US Treasuries are trading electronically, but we still need bond traders

I recently spoke with Bloomberg TV about a recent Greenwich Associates research report that examined the growth in electronic trading of US Treasuries by US…

Changes in U.S. Corporate Bond Market: Evolution, not Revolution

Changes in U.S. Corporate Bond Market: Evolution, not Revolution

I spent most of my summer digging through our 2014 North American fixed income data looking to see what’s changed in the past year and…

North American Fixed Income Update: E-Trading and Too Big To Fail

North American Fixed Income Update: E-Trading and Too Big To Fail

This week we will begin to release the results of our annually North American Fixed Income study, based on just shy of 1100 investors trading fixed…