Global equity markets may be in a state of panic, but fixed income volumes are skyrocketing, according to a white paper issued by Greenwich Associates. The research claims that global fixed-income volume by institutional customers reached $25.43 trillion in 2002, not counting derivatives or short-term instruments. According to the firm, it is no accident that the steep rise in bond activity in 2002 mirrors the sharp drop in equity markets worldwide. Robert Statius-Muller, a consultant at Greenwich Associates said: ‘Today’s market uncertainty has translated into greater demand for fixed-income products by the institutional community.’ The report found that the average institutional bond investor in 2002 traded well over 2001’s levels and well above typical year-to-year volume progressions. In some countries, trading volume nearly doubled and only in Japan did it remain constant. The highest increase was in the US, where a matched sample of 827 institutions traded on average $9.2 billion in 2002, up 39 per cent from 2001.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
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Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more