Russell Dinnage, managing consultant at GreySpark Partners, talks about how the structure of trading in the fixed income market could change over the next five-to-10 years. See More →
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.
While beta is a measure of a fund’s or product’s relative volatility compared to the market as a whole, smart beta is the categorisation of strategies using rule-based screens to attempt to outperform the market, as opposed to the capitalisation-weighted indexes used by passive funds.
Exploring why and how buyside firms must appraise their current outlay of trade and transaction order and execution management systems used to generate regulatory reporting data in the EU as well as the technology debt associated with any legacy systems.