I’m excited to now be an official contributor for Forbes.com. My posts on Forbes will be an extension of what I do every day – talking about market structure, FinTech and the changing capital markets. My first post examines quatimental investing. As always comments welcome: For decades, the universe of institutional investors has been largely […]
Does passive investing have room to grow?
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 […]
Regional Bond Dealers are Embracing Electronification
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.
Market Structure Areas to Watch in 2018
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?).
Putting Alternative Data to Work
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 […]
Adapting to changes in the bond market
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.
Are Bank Job’s at Risk from Technology?
Only sort of. I spoke to Bloomberg Radio today about predictions from Vikram Pandit that 30% of bank jobs will be taken by robots. Listen in here.
What Technology is Doing to Banks
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.
A good user experience still matters to bond investors
Below is the press release from my most recent Greenwich Report on the corporate bond market. As the title implies, the buy side is starting to get used to the way things are – they like all-to-all, but they also want a good user experience from the platform providers. Liquidity isn’t Improving but Credit Investors […]
High Frequency Needs High Touch
Originally posted on the Greenwich Blog There is a tremendous amount of irony in the path high-frequency trading – excuse me, principal trading firms have taken from their heyday in the late 2000’s. We alluded to this a few months ago in our Top Market Structure Trends to Watch in 2017: When I first started meeting […]