FTF News talks with Kevin McPartland, head of the market structure and technology for Greenwich Associates, about why buy-side trading firms will need 12 executing brokers and four clearing partners. McPartland is the author of a recent report “Cleared Derivatives: A Strategic Approach;” analyst Kevin Kozlowski, who specializes in global securities and trading, also contributed… Read More >>
Bigger Volumes Meet Fewer FCMs
Fewer futures commission merchants are handling greater volumes of U.S. customer segregated funds compared to a decade ago, resulting in 75% of these funds being held by 10 major FCMs, reports John P. Needham, president of Needham Consulting, in his presentation for FTF’s DerivOps Chicago conference this week. The segregation of funds stipulates that broker-dealers… Read More >>
McPartland Leaves BlackRock as ACTIV Hires from Morningstar
McPartland Leaves BlackRock for Greenwich Associates Kevin McPartland has left asset manager BlackRock, where he was a director in the electronic trading and market structure group for little over a year, and joined Greenwich Associates as principal to lead a new market structure and technology advisory service, say officials at the market research firm.The new… Read More >>
