GreySpark Partners presents a report that provides investment banks with guidance on how to build a forward-looking, self-regulating sellside institution that has the flexibility to adjust to ongoing regulatory demands and the resilience to remain competitive within the industry.
Investment banks have traditionally structured their operational activities along discrete business lines, which were traditionally split up by asset class and geography.
This article is the fourth in a series of articles that will be published on GreySpark’s Capital Markets Intelligence Web site over the coming months.
This report continues GreySpark Partners’ analysis of the impact of the second iteration of the Markets in Financial Instruments Directive (MiFID II) on the investment banking industry and on the buyside industry by focusing on the regulation’s impact on financial markets entities operating in Asia-Pacific (APAC).
This report explores the ways in which the Fundamental Review of the Trading Book (FRTB) proposals would impact the ability of EU-based banks to continue operating principal-centric, front-office business and trading models for all relevant asset classes.
The growing ability of non-bank spot FX liquidity providers to service client demand in the marketplace came to the fore in 2016’s Euromoney annual spot FX volumes survey results, which showed that the amount of currencies volume supplied by the top-five market-makers was falling when compared to the ability of one proprietary trading firm – XTX Markets – that provides pricing to dealer-to-client currencies (D2C) venues.