GreySpark Partners presents a report exploring the advantages and disadvantages in 2018 associated with the use of OTFs by asset managers, hedge funds, institutional investors, investment banks and non-bank market-makers. In doing so, this report quantifies the number of OTFs operating within the EU in Q1 2018, assessing the breadth and depth of instruments and products coverage that they offer in an effort to help market participants better understand how they can utilise OTFs based on the characteristics of their business and trading models for non-equities trading.
As such, this report can be used by market participants to better understand the breadth and depth of bonds, derivatives and swaps coverage provided by those OTFs operating in Q1 2018 and ahead of the Aug. 1, 2018 publication by ESMA of the first-ever data pertaining to the total number and volume of non-equities transactions executed in the EU over the Jan. 3, 2018 to June 30, 2018 period.