From awareness, to early adoption, to refinement/improvement and cost savings.
There is consensus: the options market is more complex than it needs to be.
Chris White of ViableMkts notes that the adoption of new fixed income solutions remains elusive.
The origins of MiFID II may be in Europe, but the impact is truly global.
Bloomberg exec notes LEIs are now part of KYC and client on-boarding in the EU.
Managers can focus on alpha while systems take care of managing external market risks.
There continues to be regulatory scrutiny and efforts to enhance standards in a systemically important market.
Indian Premier League and high-frequency trading have something in common.
As Mark Twain might say, the demise of humans in financial services is greatly exaggerated.