IOSCO Research Paper on FinTech (Read Pages 37- 45)
February 9, 2017 \ 1 Comment
Full Article: IOSCO
Platforms and technology providers are increasingly focusing on identifying and matching firm orders(rather than quotes) and connecting all market participants (including buy-side to buy-side). “Information Networks” are developing where the emphasis is on identifying pools of liquidity rather than trying to create liquidity.
Once again, features selected by the Friday Newsletter make this a must-read site. This is a comprehensive, neutral and easy to understand state of the state research piece. As a market geek, I was particularly impressed with the execution platform chapter and in the Challenges/Risks summary.
I think the juxtaposition of fixed income to equities is spot on, but also believe that we are in the midst of a great transformation which will be characterized by fits and starts on its way to new models.
Blackrock’s Richard Prager: The Liquidity Is Out There – Institutional InvestorMarch 18, 2016
Everyone is Worried About the Thing Markets Need Most, But They’re Not Asking the Right Questions – Business InsiderMarch 25, 2016
US Companies Overpaying for Bonds; Banks May Be to Blame – ReutersMarch 31, 2016