‘No evidence that PFOF harms price execution,’ finds new research
Professors from the University of California conducted a detailed academic study of brokerage accounts, concluding that payment for order flow does not appear to impact price.
Professors from the University of California conducted a detailed academic study of brokerage accounts, concluding that payment for order flow does not appear to impact price.
The world’s biggest asset manager goes long on credit, warning that equity markets may not be ready for a prolonged downturn.
Survey from MackeyRMS found that almost all asset managers polled are looking to adopt research management systems over the next two years.
Andrew Bailey told delegates at an event this week that the unbundling of commissions and research payments has been positive for the industry so far.
Euronext acquires 78% of Commcise for an initial cash consideration of £27 million.
One head of global custody believes custodians could play a part in the front-end decision-making process for clients.
UK buy-side firm adopts research service to comply with new rules on research consumption under MiFID II.
MiFID II research pricing war has seen price of fixed income research plummet as banks compete against each other.
Tool will allow firms to flag up emails that could count as inducements.