Market Structure

Equity Market Structure & Index Benchmark Survey results: Key issues for 2021

February 19, 2021 - 1 minute
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As recent effects of the growth in retail trading and off-exchange activity in U.S. stock markets still lingers, it's crucial to identify the key issues impacting benchmark users and market structure followers as regulators prioritize proposed changes into 2021 and beyond.

Our Institutional Equities team completed their first Equity Market Structure Survey and Index Benchmark Survey, collecting valuable insights directly from the institutional investor community.

Our Equity Market Structure Survey captured investor perspectives on:

  • Market data reform
  • Off-exchange volume growth
  • Payment for order flow

Highlights from our Index Benchmark Survey included reactions to:

  • Cost of benchmark licenses
  • ESG considerations for benchmark construction
  • The role of China in emerging market benchmarks
Respondents were largely North American asset owners and asset managers but results also include global participants. For more information, contact Peter Haynes.
Disclaimer

Peter Haynes headshot


Managing Director and Head of Index and Market Structure Research, TD Securities

Peter Haynes headshot


Managing Director and Head of Index and Market Structure Research, TD Securities

Peter Haynes headshot


Managing Director and Head of Index and Market Structure Research, TD Securities

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