
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.
Comments
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.
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