U.S. Treasury markets hit volume records in the spring of 2020, but after the Fed stepped in markets got downright sleepy. OK, well maybe not sleepy, but volume figures became less than extraordinary. I enjoyed speaking with Dan Barnes from Trader TV, live from my basement office, about all of these dynamics, and what to […]
I’ve had the privilege of writing and editing a report on market trends to watch in the coming years since I joined Greenwich back in 2013. Over the years it has morphed from mostly my thoughts to a great collaboration of what is just an amazing team of analysts, which has made the process even […]
OK I know that sounds boring. But it actually matters a lot, and to a lot of people. This is something I’ve spent a lot of time researching over the past year or so, and commented in this WSJ story about a new proposal from the SEC and why it matters. Read the full story […]
As a part of Greenwich’s Behind the Market Structure webinar series, I spoke with CBOE CEO Ed Tilly. The conversation took place only a few months into the pandemic, which left us with even more things to discuss than we had already planned. The conversation went from equities to fixed income to the importance of physical trading floors. […]
I was invited to be a part of this great conversation about the future of investing, with a focus on the electronification of the bond market and the role ETFs now play there.
As a part of Greenwich’s Behind the Market Structure webinar series, I had the pleasure of speaking with Tradeweb CEO Lee Olesky. We talked about the 20 year journey that led to Tradeweb’s recent IPO, the future of electronic trading in fixed income and what’s next for Tradeweb.
As a part of Greenwich’s Behind the Market Structure webinar series I had the pleasure of speaking with MarketAxess CEO and Chairman Rick McVey. We talked about the evolution of electronic trading in fixed income, whether or not his colleagues thought he was crazy for starting MarketAxess back in the late 90’s, and some of the […]
Fixed income markets are big, diverse and can be extremely difficult to understand. Even the largest and most closely watched fixed income markets in the world, US Treasuries and US Corporate bonds, for instance, are impacted by countless factors including investor needs, macro-economics, and regulatory oversight. But the complexity in those markets pales in comparison to that […]
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 among the electronic trading venues. I had the opportunity to speak with Jill Malandrino of Nasdaq’s TradeTalks about what’s going on in the U.S. Treasury market today, the Libor transition […]
Technology has fundamentally changed the financial markets over the past two decades. By and large, these changes have been positive – lower trading costs for investors, a reduction in errors, greater transparency and an overall reduction in systemic risk. But recent volatility has reignited a decade’s old conversation about what impact automated trading has on the market. […]