Trading costs
Worth the cost? EU rethinks Mifid disclosure rules
Banks would gladly be rid of cost disclosures, but some clients want them improved, not scrapped
Competitive differentiation – Reaping the benefits of XVA centralisation
A forum of industry leaders discusses the latest developments in XVA and the strategic, operational and technological challenges of derivatives valuation in today’s environment, including the key considerations for banks looking to move to a standardised…
Banks team up for ‘Ion replacement’ project
Consortium weighs building fixed income software in potential threat to Ion, the dominant vendor
Trading non-cleared derivatives tougher in Q3 – ECB
Twelve percent of respondents said trading conditions worsened for interest rate products
Funds look to ‘retrain’ traders as automation takes hold
As technology reshapes markets, nearly a third of buy-side staff will need to gain new skills
JP Morgan turns to machine learning for options hedging
New models sidestep Black-Scholes and could slash hedging costs for some derivatives by up to 80%
Wells Fargo takes $112m CVA hit in 2018
Trading revenues decline $54 million overall through derivatives adjustments
Trading costs versus arrival price – An intuitive and comprehensive methodology
Craig Niven, managing director, cash equity execution at Societe Generale Prime Services explores how a five‑month study allowed the organisation to develop a market impact model using historical data, and why it is key for clients in the long term to…
XVA swings boost US bank trading revenues
DVA change pares down dealers' derivative liabilities
Mifid fuels Asian equities e-trading surge
Firms with European clients find low-touch channels help to prove best execution
From prophets to ‘parasites’
How post-trade vendors went from problem-solvers to ‘rent-seekers’
The battle for the back office
Post-trade incumbents at risk as Isda and others search for standards
Asset managers grapple with implications of cost transparency
Regulatory push for openness heightens concerns about impact on trading
Trading lightly: cross-impact and optimal portfolio execution
A liquidity model for basket of correlated securities is presented
Buy side unimpressed with Mifid II cost transparency rules
Clients question value of receiving dealers’ swaps profit margin data
Fast and precautious: order controls for trade execution
Algo traders propose a new optimal execution algorithm with both limit and market orders