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A new Greenwich Associates report finds that buy-side trading desks shifted spending priorities to IT and cut costs by cutting staff.
On average, budgets for American and European buy-side trading desks rose by four percent in 2019, and it appears that much of that increase went to spending on technology rather than for hiring staff, according to a recent report from Greenwich Associates, a market research firm. In fact, the research firm found that “headcounts among...
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