Caught between a block and a hard place

Matt Lyons, global trading manager, The Capital Group, unravels the paradoxical choices buy-side traders face when trading blocks

In this Q&A, Matt shares his insights by answering the following questions:

• What themes do you expect to address in your presentation on the opening of TradeTech 2014 in Paris?

• What impact does market fragmentation have on the challenges of execution in size?

• Overall, has the increase in off-exchange trading helped the buy-side?

• Does the growth in the number of dark pools, risk further reducing the buy-side`s ability to execute blocks?
  

• US regulators have recently suggested they will consider reforming high-frequency trading (HFT) - will this impact the buy-side for the better? 

• How would you characterise the buy-side`s reaction to the amount of regulatory change experienced in recent years?