It is important for prime brokers to provide 24/7 access as traditional and digital assets converge.
A number of tokenization initiatives are going into production in financial markets.
There is a public policy issue on whether prediction markets fall under gaming or financial regulation.
There is a wave of liquidity constantly coming onto the platform for the buy side.
Volume is increasingly aggregating around the closing auction on stock exchanges.
Issuers can object to third-parties tokenizing underlying NMS stocks.
Tokenization, prediction markets, perpetuals & extended hours are market expanders, not cannibalization risks.
Jean-Michel Manry, head of fixed income trading at Vontobel‘s investments arm, discusses his desk.
Prediction markets need to fit into the existing execution stack and risk systems used by institutions.