I often use the analogy that traditional money is the bedrock foundation of our society, but this is changing. It began to change gradually as we introduced alternative currencies, such as loyalty programs and airmiles. These form pebbles of commerce that are significant, but are not traded nearly as intensely as real money. This does…
Finovate launched its first European show yesterday with over 400 attendees and 35 presentations from firms covering the whole gamete of financial services from investing to payments, personal financial management (a load of that!) to biometrics. Photo courtesy of Flickr: An Attentive Audience Eric Mattson and Jim Bruene of NetBanker asked me to host and kick…
Talking about best execution and stuff today, we got into a debate about whether banks were worried about trashing the trust of customers or were concerned about changing behaviours. My response is that banks aren’t that bothered about trashing trust of retail customers as retail customers don’t make them money. The mass deposits of itsy-bitsy…
Oliver Wyman launched a new report at Davos last week that has garnered a few headlines. Titled: “The Financial Crisis of 2015: An Avoidable History”, they suggest that although financial services executives and regulators have worked hard to design a more stable financial system, they might fail as there are other market stresses that could…
I was having yet another discussion about bonuses this week and boy, are we fed up with that discussion. Or maybe not. The reason for the maybe not is that we were talking about whether bankers being on salaried versus commission structures is better or worse as a business model, following the survey last week…
We are pleased to provide our ninth month of monitoring the MTF performances in European Equities trading, in partnership with Thomson Reuters Equity Market Share Reporter (EMSR). Market Share based upon Euro Value December 2010 November 2010 Source: Thomson Reuters Equity Market Share Reporter Market Share based upon Volume of Trading December 2010 November 2010 Source:…
