Chris Skinner's blog

Shaping the future of finance

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And the best Asian City to HQ your etrading is …

I'm pleased to welcome this guest blog entry by Steve Edge of AsiaEtrading.com. Singapore is the best city in Asia to headquarter an electronic trading business according to a two week opinion poll conducted at the AsiaEtrading.com website. The result is no surprise as Singapore has a low corporate tax rate of 18% (17% in…

OId boys versus the new boyz

Just been at another fascinating conference on trading and low latency in the capitalmarkets. I’ll write more later on but, for now, thought you might be interested in these stats from Karel Lanoo, CEO of CEPS (not exceptions processing – the Council of European Policy Studies). He compared the London Stock Exchange (LSE’s) trading and…

Hubba-hubba UBS

It’s been fascinating to watch the rollercoaster of the finance industry over the past two years, with one or two banks illustrating the issues in the market well. But no bank can provide a better testament to the market’s ups and downs than the Swiss Bank UBS or, as most media reports talk about them,…

Spot the Bank Ad …

I cannot believe it! SuperBowl used to be a great American tradition with Visa, MasterCard and a variety of other financial firms champing at the bit to get a bit of attention. Now, in these austere times of banks avoiding advertising, not a single bank or firm in these markets fezzed up the $3 million…

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MiFID Wave 2

I've been meaning to write a few insights into the MiFID review, and will do so in the future.  Meantime, a colleague from Credit Agricole's subsidiary, CA Cheuvreux, sent me a really interesting white paper on the MiFID review and has kindly given me premission to post it here for Finanser readers.  Issues linked to…

Monthly MiFID MTF Monitor: January 2010

The Financial Services Club is pleased to announce that we have recently agreed a partnership with Thomson Reuters Equity Market Share Reporter (EMSR) to provide a monthly MiFID MTF Monitor.  Our aim is to show how the pan-European investment markets are changing as a result of the MiFID and the entry of the new MTFs. …

European trading by Euro, Jan09

SCTs second birthday

Today is the second birthday of SEPA Credit Transfers (SCTs), which launched on January 28th 2008 and has now achieved a 5.3% volume of total European credit transfer … I had completely forgotten about this major milestone until Jonathan Williams, of Experian Payments, sent me this note: in the last year, we have reached several…

Does PR matter for financial firms?

Just found a survey in my inbox today from Broadgate Mainland and the Financial Services Forum. The survey asked 89 folks in mainly UK financial services firms – 52 in PR and 31 marketers – about their views on the measures for evaluating public relations. What interested me is that in measuring broadcast coverage, 51%…

The last pit … the end of open outcry trading

For years, men have shouted at each other in open warfare outcry pits. These blood curdling scenes are reminscent of cock fighting or pitbull terrier pits, where teams of angry testosterone fuelled alpha males go at each other with their gesticulations and cries. What am I talking about? The traditional trading floor. In London, until…

Pitfloor