This is my first official research piece since joining Greenwich Associates this past summer. It is available to Greenwich clients. If you’re not sure if you’re a client, or don’t have a login to the website, let me know. Enjoy. New Greenwich Associates Report Analyzes Role of CDS, ETFs and SEFs Tuesday, October 22, 2013 […]
Category: Greenwich Associates Research
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 […]
Swap Execution Facility Trading Volumes: Here are the Real Numbers
There are some really good parts of the SEF rule, and this in my view is one of the best: Core Principle 9 requires a SEF to make public timely information on price, trading volume, and other trading data on swaps to the extent prescribed by the Commission. The result? SEFs posting daily volumes on […]
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 […]
A preview of Greenwich’s new OMS/EMS/TCA study
We just wrapped up gathering information from almost 500 buy side traders about how they structure their trading desk, how much they spend, what trading systems they use, what they like and don’t like and a few dozen other topics. On Thursday September 26 we’re hosting a webinar to give a preview of the results. […]
Greenwich: Fixed Income Investors Grapple with New Regulations and Rising Rates
Each year Greenwich conducts a North American Fixed Income study. This year we conducting 1027 interviews of buy side portfolio managers and traders about everything from corporate bonds to agency pass-throughs to interest rate swaps. As I’m new to Greenwich this is my first time really digging into the results, and (although I’m now a […]