When Kevin McPartland, Head of Research for Market Structure and Technology at Greenwich Associates, looks at 2017 he seems to shake his head. “2017 was politically strange, economically strong and eerily calm,” he wrote in a report pointing to ten major market structure trends for 2018. The events framing 2018 that McPartland considers, when compared to the unpredictable events of 2017, point to the softer side of MiFID II, a turn to product-agnostic investing and data mattering more than trading and banks focusing more on cryptocurrencies than the distributed ledger technology that underlies the hot trading product.
[munger]


