Tag: Substantive Research

The deal enhances Euronext’s investor services segment, strengthening the business’ proximity to the buy-side community.

Following the UK’s Financial Conduct Authority (FCA) confirming final rules, the likelihood is for less of a regulatory clash between the US, the EU and the UK going forward, according to Substantive Research.

Watchdog is introducing a new payment option which facilitates joint payments for third-party research and execution services, provided a firm meets requirements.

The first half of 2024 has seen research budgets increase both as a proportion of AUM and in absolute terms, finds Substantive Research.

The TRADE sits down with Mike Carrodus, chief executive and founder of Substantive Research to unpack the UK’s Financial Conduct Authority’s (FCA) recent bundling rules, discussing the most important considerations for traders, expected speedbumps, and the state of play across the UK, US, and EU.

More than half of asset managers also confirmed that recent updates to Mifid II unbundling rules remove operational barriers to charging clients for research, says Substantive Research.

As the market keenly awaits the results of the FCA’s study into data prices, the buy-side is eager for a way to ensure that pricing is more closely tied to cost rather than value, a market expert tells The TRADE.

Participants across TD Cowen, RBC Capital Markets, and Substantive Research dive into potential shifts in bundling rules for research in 2024 as well as the impacts of the US shift to T+1 settlement.

Provider power is creating a dynamic in which asset managers and banks are on an unsustainable path - it will become economically un-viable, Substantive Research chief told the TRADE.

The average investment research budget among asset managers has fallen by 6.5%, according to Substantive Research’s latest buy-side survey.