White Papers

State of the Capital Markets, 2018


A snapshot of the capital markets in 2018, including key developments and statistics in:

  • Corporate Credit
  • Derivatives
  • Equities
  • Market Infrastructure
  • Municipal
  • Repo and U.S. Treasuries
  • Securitization

While the U.S. already had an extensive financial services’ regulatory structure built up over a century, post-crisis regulations significantly added to the number of regulations. The industry remains focused on establishing smart regulations, ensuring economic incentives and costs are calculatable, and enabling capital markets to run efficiently. The goal is not to start the regulatory process over, but rather to recalibrate those regulations which may have unintended consequences.