E-trading ‘outpaced’ voice for some traders in liquidity crisis
The market has evolved valuable alternatives to traditional dealer liquidity. Electronic trading was tested in the March 2020 sell-off, and it held up well. But, most ...
Greenwich: RFQ cuts convertible bond spreads in half
New research by analyst firm Greenwich Associates has found that the request for quote (RFQ) protocol is cutting the spreads made by the most aggressive convertible bond ...
Greenwich Associates: Growing dealer-client instability
By Pia Hecher.
Derivatives : Migrating benchmarks : Dan Barnes
LIBOR: WHEN TO JUMP ON THE SOFR The transition from the London Interbank Offered Rate (LIBOR) to overnight indexed swap rates is moving, but when should the buy-side ...
