Tag: Greenwich Associates

Greenwich Associates

COVID-19 Global Impact on Swaps Market Liquidity

Liquidity in the swaps market came under pressure as the COVID-19 crisis spread globally in late February into early March, then rebounded after governments and central banks intervened. To understand the nature of the crisis and the consequences of the official sector interventions, Greenwich Associates, in conjunction with ISDA, interviewed 172 buy- and sell-side swaps […]

Corporates Slow to Adopt Sophisticated FX Hedging: Greenwich

A surprisingly small number of the world’s largest companies employ sophisticated techniques designed to assess and manage their foreign exchange risk, according to a survey by Greenwich Associates. Companies use FX markets to hedge currency risks in the course of their businesses, however, Greenwich says, relative to banks and financials, their FX needs and strategies […]

Digital Assets Gain Favour Amongst Institutional Investors

In a survey released today by Fidelity Digital Assets, institutional investors are increasingly showing interest in digital assets, with almost 80% of the nearly 800 investors polled “finding something appealing” about the asset class. In the survey of 774 institutional investors across the US (393) and Europe (381), 36% of respondents say they are currently […]

Few Surprises Amongst Annual Greenwich Global FX Leaders

The massive spike in volatility due to the COVID-19 pandemic and a nearly unprecedented climb in the value of the dollar has left market participants scrambling for cover, notes Greenwich Associates in its 2020 Greenwich Leaders report. As they move to respond, large financial institutions are likely to turn first to dealers among the 2020 […]

Citi Top as Greenwich Sees Sell Side Investments Paying Off

Fixed-income dealers’ response to long-term challenges facing the industry could be working to the advantage of global investors, according to Greenwich Associates’ research. The firm says that as most banks around the globe face pressure to increase profitability, they are increasingly competing among a small set of dealers, new liquidity providers and, to some extent, […]

Crisil Buys Greenwich Associates

S&P Global-owned analytics company Crisil has bought market infrastructure research and strategy firm Greenwich Associates, the terms of the deal were not disclosed. Crisil says the acquisition will complement its existing portfolio of products and expand offerings to new segments across financial services including commercial banks and asset and wealth managers. It adds it will […]

Greenwich Claims 25% Increase in FX Algo Trading

A new report from Greenwich Associates claims that the adoption of algos by FX market participants has increased by 25% year-on-year. “As FX market participants adopt sophisticated pre- and post-trade analytics enhanced by artificial intelligence and machine learning, the potential benefits of algo trading are becoming clear, and hedge funds and real money accounts are […]

Aggregation Putting ECNs on the Spot: Greenwich Survey

A new report from Greenwich Associates says that FX market participants are spurning anonymous trading on ECNs in favour of disclosed, bilateral trades executed through a variety of channels – as well as a growing share of business done through so-called “API aggregators” that could eventually emerge as a challenger to the market’s biggest execution […]

Report Warns DLT Technology Could Backfire

A new report from Greenwich Associates warns that, if taken too far, distributed ledger technology (DLT) could reintroduce problems financial markets have been working to alleviate for more than 500 years. DLT has been touted as a means of creating new efficiencies in a number of different areas within the financial system, one of which […]

Report: Regulation to Drive FX Options Towards Exchanges

A new report from Greenwich Associates argues that the incoming Uncleared Margin Rules (UMR) will fundamentally change the economics of OTC FX options trading to a point where buy side firms will increasingly trade these products on listed exchanges. “Historically, most FX options trading was done over the counter, but UMR has the potential to […]