Core strengths of our market ecosystem include its ability to serve a wide variety of investor types and the efficiencies it provides for capital to move across asset classes and international borders. In September 2018, a report published by the Bank for International Settlements identified three key structural trends that “have intensified in recent years” both domestically and internationally. Using this study as a backdrop, STA reached out to our partners at Vela to help our members understand how these trends are impacting our market ecosystem and what firms are doing in response. We hope you find this report insightful and we greatly appreciate Vela putting it together.
Aiming to capitalize on a shifting liquidity landscape? Think about
your platform
by Gerry Turner
Global Head of Platform as a Service
Vela
Financial market participants, it appears, are getting more intrepid by the day.
In search of fertile new trading environments, many firms are looking further afield than ever before and entering markets that only a few years ago would not have seemed feasible. From Asia to the Americas, buy-side and sell-side institutions are eyeing opportunities for proprietary trading, market-making, broking and other activities. Highlighting the trend, the Bank for International Settlements, in a recent report, said trading activity in fast-paced electronic markets was becoming increasingly fragmented across new venues.
From Asia to the Americas, buy-side and sell-side institutions are eyeing opportunities for proprietary trading, market-making, broking and other activities.
This fragmentation of liquidity is having a profound effect on business models for firms…
View Vela report here
See January Newsletter here