Electronic Trading Services and the Evolving Buy-Side/Sell-Side Relationship

Table of Contents

• Table of Contents
• Financial Insights Opinion
• In This Report
• Table: Essential Ingredients of Low-Touch Electronic Trading Services
  • Methodology
    • Primary Research
    • Table: Universe of Bulge Bracket Firms Considered
    • Table: Examples of Competitive Assessment Criteria
• Situation Overview
• Figure: Determinants of Quality of Trading Relationship
  • What Buyers Want
  • Figure: Buy-Side Firms with a Formal Broker Ranking Process
  • Figure: Importance of Items Influencing Traders' Level of Satisfaction in the Trading Process
  • Figure: Importance of Information Leakage in the Trading Process
  • Figure: Influence of Concern About Information Leakage in the Trading Process
  • Sell-Side Firms Respond to Customers
    • Sell-Side Firms Believe That They Are Trustworthy
    • Order Routing: Smart and Smarter
    • Algos Are Dynamic, Not Static Instruments
    • TCA Is a Conundrum
    • EMS Is Becoming Less Strategic
• Future Outlook
  • ETS Benchmark, 2007
  • Figure: Top 5 ETS Providers by Overall Score
  • Figure: Top 5 DMA Providers
  • Figure: Top 5 Algo Trading Firms
  • Figure: Top 5 Dark Pool Access Firms
  • Figure: Top 5 TCA Firms
  • Figure: Top 5 EMS Firms
• Essential Guidance
  • Actions to Consider
    • Actions for Financial Institutions
    • Actions for Vendors
• Learn More
  • Related Research
  • Synopsis