Robert van Brugge, former CEO of Bernstein Research Services, has been named CEO of Bernstein.
Collaboration aims to empower traders to anticipate market trends and mitigate credit risk.
The average research budget has decreased a further 6.5%.
BondWise was developed with bondIT, a fintech that uses data science, advanced AI and machine learning.
The banks will collaborate in FX trading as well as Japanese research and equities.
The bill directs the SEC to extend the MiFID II no-action relief for six months.
AFME found no evidence of a causal link between unbundling & pre-existing decline in SME research.
This harms the competitiveness of U.S. markets and buyside will lose access to important research.
Some US brokers may lose European revenues and many European managers will have less access to US research.
