Its been my experience that many in the market are ignoring FX in the global derivatives reform debate, thinking of them as broadly exempt from new rules. This view is a bit of a red herring. Our latest research report digs into the regulations set to hit the FX derivatives market and the impact they […]
Tag: Greenwich Associates
Top Posts of 2013 from Kevin on the Street
With 2013 just about behind us, I thought it would be fun to look back at the most read posts on Kevin on the Street since my joining Greenwich Associates roughly 5 months ago. While the history books will look at 2013 as the year that central clearing took hold, the latter half of the […]
Greenwich Research: Derivatives Rules to Disrupt Move of FX to Multi-Dealer Platforms
We just published some new research that looks at buy side use of single-dealer platforms and multi-dealer platforms in the FX market. Our historical usage data shows MDPs overtaking SDPs slow but surely – but new regulations (most notably footnote 88) are temporarily reversing that trend. Particular interesting (to me at least) in this report […]
Greenwich Fixed Income Market Structure Event: Liquidity, SEFs and Technology to Manage the Change
Given all of the research we have going on here at Greenwich and all of the regulatory mess going on in the world, we thought it a good time to set up a webinar to review both. I’ll go through some of my recent research here at Greenwich – credit liquidity alternatives, trading technology spend, […]
Why SEF Volumes Don’t Matter (Yet)
On October 2 swap execution facilities (SEF) became official and started reporting trading volumes. While this new level of transparency is exciting, today’s reported volumes don’t really matter. In addition to the lack of reporting standards which complicate doing an apples to apples comparison (i.e. voice vs. electronic, D2D vs. D2C, FRAs vs. IRS), the […]
SEFs are official, now its time for a new trading system
Here at Greenwich we just wrapped up a study looking at how buy side trading desks are spending their technology dollars. On September 26 I presented the findings on a webinar (which I did from a conference room in a hotel in Boston just before moderating a panel on swap futures, in case you care), and […]