I was asked to present something interesting to a room full of interns and recent college grads. It was a fun format and I really enjoyed giving this presentation. My ultimately goal: convince them that market structure is in fact fascinating, and being an analyst is a great way to make a living.
Volatility finally returned to the market in the first half of 2018, and by all accounts the market structure held up remarkably well. To date, the idea that unexpected market moves would trip up the ETF market – pricing, liquidity and more – have proven incorrect. Here I discuss that resiliency of the market and… Read More »
A discussion about how commercially available real-time trading technology—the type once only available to the largest institutions–is empowering regional dealers to compete with the global banks in electronic bond trading with investor clients.
Product agnostic investing (you know you want to know), data trumping trading and trying to figure out what digital means in 2018 (didn’t we figure that out in 2002?).
Alternative data is becoming a coveted tool for institutional investors seeking alpha. But as many on the buy side can attest, turning a seemingly endless array of data into something useful can be a complex and costly endeavor. Here I discuss the the findings of our research throughout 2017 and opine on where alternative data… Read More »
The bond market increasingly goes electronic. How are investors embracing this? Kevin McPartland, Head of Market Structure Research at Greenwich Associates, joins Jill Malandrino at the Nasdaq MarketSite.
Another fun conversation between Jim Jockle from Numerix and I about what new technology means for banking, how it helps, how it hurts and why relationships still matter.
I always have a lot of fun talking to Jim Jockle at Numerix, whether it be about quant models, financial markets or triathlons. Unfortunately they edited out our discussion of the latter, but what’s left hopefully is pretty interesting too.
My conversation with Bloomberg TV following the overnight volatility spike of the Pound. And no, I really don’t want to call it a “flash crash”.
My latest Greenwich Research found that investors have seen a decline in dealer sourced liquidity, and that they’re concerned about it. It also found that more than expected are making prices in the bond market. It is very important to note, however, that price making is very different from market making. I explain in detail… Read More »