Boston, July 6, 2016 – The global equities market is at a crossroads. After years and hundreds of millions of dollars invested into building out and maintaining expensive trading infrastructures, firms face the harsh market reality of stagnant trade volume, low commission levels, and commoditization of electronic trading tools. In short, the sell-side is in search of the next elusive competitive differentiator. The search will not be easy.
This research discusses some of the key trends shaping the future of electronic equities trading and the specific approaches that the traditional sell-side firms will mostly like take over the next 12 to 24 months. It also highlights a few of the innovative trading venues that have emerged to challenge the status quo, namely, Aequitas NEO, Aquis Exchange, Equiduct Systems, IEX Group, Luminex, and PDQ ATS. It is based on interviews with major broker-dealers, buy-side firms, and various trading venues largely in the U.S. and European markets during the first half of 2016.
This 35-page Impact Note contains eight figures and seven tables. Clients of Aite Group’s Institutional Securities & Investments service can download this report.