Broker tie-ups could be the straw that broke the research camel’s back DANIEL CARPENTER Brokers in the Square Mile are facing a time of unprecedented change - and research may change, too, if the Panmure Liberum tie-up indicates the future
Big Bang 2.0 will only succeed with a revolution in the back-office of financial services Big Bang 2.0 needs a revolution in the back-office of financial services Negative news about the new post-Brexit challenges for the UK’s financial services currently dominates headlines. The market structure is still far from settled ahead of upcoming talks between the UK and the EU on equivalence. Whatever level of equivalence is agreed upon will dictate the direction for UK financial services, with some eyeing up an [...]
Coronavirus: Brokerage fee automation is a must in the current downturn Brokerage fee automation is vital in the coronavirus downturn Investment banks are embroiled in an unforeseen cost crisis when trading over the counter (OTC) markets, driven by a surge in swaps, interest rates, oil and currency derivative volumes. This month, some of the world’s largest interdealer brokers, who negotiate OTC trades between the big banks, have seen record trading volumes as sudden changes in [...]