Globalization of Algorithmic Equity Trading: A Buy-Side View

Reduced commission rates, constrained budgets and smaller team sizes have left both asset managers and brokers facing greater pressure to automate their trading workflows and accomplish more with less.

Coalition Greenwich gathered responses from 61 buy-side equities traders during November and December 2022. Of those, 70% were asset managers and wealth managers, 21% hedge funds, 7% pension funds, and 2% private equity. Assets under management ranged from under $1 billion to over $250 billion. Geographically, just over half of survey participants hailed from offices in the U.S., almost a third from the EU, with the balance split between the U.K. and Canada.