Market structure change in EMEA is still gelling

“What’s taking so long?” was my favorite question from this month’s excellent FILS EU Connect conference. In this case, a current FI EMS client was inquiring about his peers who so very clearly want one, yet still haven’t pulled the trigger. But I think it’s a broader question; despite some signs of progress, fixed income …

Adroit Trading Technologies Appoints Michael Kraines as Chief Growth Officer

Former Trading Technologies President and Digital Currency Group CFO to lead next phase of growth STAMFORD, Conn. & NEW YORK–(BUSINESS WIRE)–Adroit Trading Technologies, a leading buy-side execution management system (EMS) provider in fixed-income cash and derivatives, today announced the appointment of Michael Kraines as the firm’s first-ever Chief Growth Officer. Kraines will focus on bringing …

Innings and Outings at FILS USA 2024

We shouldn’t expect a revolution in FI market structure, but the conversation at Fixed Income Leaders Summit continues to evolve.  I loved Brad Levy’s observation that many solutions are in the late innings of delivering bond market efficiency, but that we are in the early innings of those solutions converging.  Convergence and combination carried through …