Tag Archives: hft

Global FX Investors Increasingly Seek Non-bank Liquidity

Below is the press release for my most recent paper examining changes in the global FX market.  The bottom line: big banks will continue to play a huge role, but non-bank liquidity providers will up there game increasingly interacting directly with institutional investors.  Bloomberg News also highlighted our finding that hedge fund use of execution… Read More »

It Takes Energy – HFT in the Energy Market

The presence of principal trading groups (PTGs) in the exchange-traded derivatives market, and their absence in thecredit and rate swaps markets, are both the cause and effect of turnover frequencies. TABB Group estimates that proprietary trading (including bank proprietary trading) accounts for 55 percent of futures trading by contract volume and 41 percent of U.S.… Read More »

Principal Trading Groups (PTGs) Set to Act as Market Makers for Interest Rate and Credit Default Swaps

Principal Trading Groups (PTGs) Set to Act as Market Makers for Interest Rate and Credit Default Swaps, Says TABB Clearing Access and ‘Click-to-Trade’ Will Make or Break PTG Swaps Market Entry Following Dodd-Frank Reform Rules Implementation NEW YORK & LONDON, July 19 2011 – Financial regulatory reform efforts covering over-the-counter (OTC) derivatives are setting the… Read More »

HFT makes up a third of OTC energy swap trading (FT Alphaville)

FT Alphaville picked up on the video we posted at TabbFORUM (ahead of our official press release tomorrow, July 19)  regarding my new study on the entrance of prop trading firms into the fixed income swaps markets.  Despite the fact that reading your own voice transcribed verbatim is a little painful, the FT does a… Read More »