The coronavirus has achieved what decades of competition and automation could not, and has halted trading on the NYSE floor. With no end in sight to the spread of the virus, and with technology now running the show, Max asks whether the floor is likely to ever reopen.
Systems supplied by FIS struggled to handle a massive spike in March trading volumes, according to multiple sources.
Wei-Shen and Tony discuss challenges the asset management industry faces, in light of the coronavirus situation.
If hedge funds and VCs tighten their spending in 2020—a likely outcome—it could be the alternative data market taking the brunt of the punishment.
Wei-Shen and Tony discuss challenges the asset management industry faces, in light of the coronavirus situation.Subscribe to Weekly Wrap emails