Spending on new technology by trading desks posted moderate growth of some 4% last year in the US and Europe, a new report from Greenwich Associates reveals. Average buy-side fixed-income trading desk budgets were up $2.8 million over the year, while equity and foreign exchange desks saw their budgets reach $1.8 million and $1.6 million respectively.
Study: Trading desk technology spend up 4% in 2019
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