Browsing: Commissions
Extending SEC “No Action” Will Harm US Investors
03/13/2023
Recently, Harvard Law School Professor, Howell E. Jackson and CEO of Healthy Markets Association, Tyler Gellasch published an article arguing that “if the SEC [extends its “no action” letter], public ...
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2022 US Equity Commissions Fell 18% According to Bloomberg
02/14/2023
U.S. institutional equity commissions shrank to $7.3 billion in 2022, down $1.6 billion from a buoyant $8.9 billion in 2021. IPO volumes fell as market values collapsed, creating a more ...
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US Equity Commissions Resume Decline, Falling 10% in Latest Coalition Greenwich Survey
08/31/2022
The downward trend in US equity commissions reasserted itself after a brief respite during the frenzied pandemic trading, shrinking 10.1% for the 12 months ended March 2022, according to the ...
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2021 US Equity Commissions Jumped 25% According Bloomberg
03/02/2022
U.S. institutional equity commissions surged to $8.9 billion in 2021, the highest amount since MiFID II’s unbundling provisions impacted spending. Demand for IPOs appeared to be a major factor in ...
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Commission Rates Fell in 2021 Despite Higher Trading Activity
02/22/2022
Higher trading volumes during 2021 were accompanied by lower commission rates in the US and Europe – but not in the UK, according to data from Virtu Financial (formerly ITG). ...
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Survey: US Research Spending Increased 30% in 2021
02/15/2022
A buy-side survey conducted by Virtu in the fourth quarter of 2021 found that research wallets and spending grew 30% in 2021. Since over half of the mostly US-based respondents ...
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US Equity Commissions Up 10% During Pandemic in Latest Coalition Greenwich Survey
10/19/2021
US equity commissions grew 10.3% for the 12 months ended March 2021, according to the latest Coalition Greenwich survey. Commissions increased to $7.36 billion as of the first quarter of ...
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Confusion Abounds Regarding First Half Research Payments
06/29/2020
During the past few months, a number of conflicting developments have taken place in the research industry to create confusion regarding the likelihood of near-term research payment levels. The following ...
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TIAA Joins Ranks of US Managers Paying for Research from P&L
05/23/2019
According to a recent article, US asset manager TIAA has joined the ranks of less than ten US asset managers that have started paying for third-party research from their P&Ls, ...
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A New Idea Enabling Assets Managers to Pay Cash for US Research
02/21/2019
According to market participants, a number of global asset managers have come up with a new way to potentially pay for research from their P&Ls in the US, despite the ...