Blogs

The rise in off-exchange market share fueled by retail trading, liquidity aggregation on fixed-income trading desks, and how options traders adjusted to all-electronic trading during the pandemic were among the most popular topics. On the technology front, readers were drawn to the adoption of AI and machine learning by algo trading desks, ATSs and Algo Wheels.

Banks and asset managers relied on global teams to backup and transfer workloads during the pandemic. But, in moments of crisis, exposure to operational risks, model risks, cybersecurity attacks, and fraud can increase exponentially.

Given the market’s resiliency and traders working from home during the COVID-19-fueled volatility, some market observers have questioned the centralized trading desk mentality that has been pervasive on Wall Street.