Greenwich Associates

  • Swap Execution Facilities: What’s Next?

    The US ecosystem for swap execution facilities continues to evolve, but not as rapidly as regulators and lawmakers anticipated. Despite the shift to electronic trading, some observers question if swaps trading has reached a new equilibrium. The vision of a buy-side trader sitting in front of a screen with the ability to anonymously click on streaming prices from multiple SEFs could be several years away. However, new liquidity providers could be catalysts for change in market structure, suggested speakers at a recent webinar.

    By Ivy Schmerken November 18, 2015 Insights

  • SEF Trading: Challenges and Regulatory Hurdles

    The regulatory overhaul of the OTC derivatives market has brought mandatory clearing and electronic trading to standardized swaps, but many say the market structure is stuck, citing regulatory ambiguity and separate liquidity pools.

    By Ivy Schmerken November 10, 2015 Insights

  • Buy-Side FX Shifts in Evolving Market Structure

    By Ivy Schmerken, Editorial Director As electronic trading grows on the buy-side and top dealers retreat from sharing market color, exchanges are snapping up FX trading venues. In July, Deutsche Borse said it will buy …

    By Ivy Schmerken September 8, 2015 Insights

  • FX Trading – Seven Trends the Buy-Side Needs to Consider

    By Ivy Schmerken, Editorial Director It’s hard to escape the headlines about FX trading lately. Words such as rigging, currency manipulation, chat rooms and billion dollar fines are grabbing attention and alarming many buy-side customers. It’s …

    By Ivy Schmerken April 20, 2015 Insights