Lessons Learned

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Today’s clearing firms are facing challenges on many fronts. Increasing consolidation in the sector from acquisitions has meant that competitors are often larger and offer more services than before. The securities markets are no longer acting to lift the fortunes of all securities firms as they did throughout much of the 1990s. Increasingly, one key differentiator for clearing firm marketers is trading technologies. However, many clearing firms are in danger of repeating industry failures in how

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Pushing the boundaries of TCA

S&P Global Market Intelligence finished runner-up in the perennially competitive TCA system provider category of the Waters Rankings 2024. Michael Richter, global head of trading analytics, discusses the TCA challenges facing the firm’s buy- and sell…

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A disagreement over how to classify third-party tech providers on a reporting form known as the “register of information” has held up preparations for the highly anticipated operational resiliency rule in Europe.

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