Global markets have evolved a great deal in recent decades and become increasingly complex. In a new report, Firm58 took a close look at how markets have changed and where they’re headed in coming years.
Prior to 1995, a handful of markets – including the NYSE, AMEX, NASDAQ, CBOE and the CME – dominated the trading world. These markets were all highly-controlled and trades were nearly entirely executed on a trading floor.
Today, the digitization of global markets and the proliferation of high-frequency trading have made the pre-digital model look like a relic from the Stone Age.
In fact, according to Firm58, trading platforms have now begun the process of dialing back some of the complexity of their operations.
“With more accurate and sophisticated execution fee management, firms can start to identify the total cost of a potential trade, routing deals more efficiently and passing savings on to clients,” the report read.
By eliminating unnecessary complexities, Firm58 believes…
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