Modern Monetary Theory: The Clockwork Orange of Economics
Modern Monetary Theory (MMT): The Clockwork Orange of Economics In a Wall Street Journal editorial published May 8, 2020...
Navigating Volatility: Bond Price Discovery Using Fixed Income ETFs
Dustin Lewellyn, Chief Investment Officer of Penserra Capital Management, believes during times of extraordinary volatility in the financial markets that fixed income ETF’s offer greater pricing discovery than individual bonds. “While individual bonds trade in a veiled over-the-counter market,” say Mr. Lewellyn, “fixed-income ETF’s trade on-exchange, like equities. As a result, fixed-income ETF’s reflect real-time pricing since shares of fixed-income ETF’s generally trade more often than their underlying bonds, even in calm markets.”
Arielle Ware, Institutional Trader, Equity Exchange
Arielle Ware, an institutional trader for Penserra’s Equity Exchange division, arrives at her desk every morning full of drive,...
Looking for L, U, or V in a COVID-Impacted Economy
A popular exercise for economists forecasting the expected global economic slowdown has been to debate about the shape the recession will take, a verbal shorthand for describing the shape of the ups and downs of GDP and the broader economy.
Penserra Partners to Feed Front Line Medical Workers
Penserra is committed to the health and safety of the communities where its employees live and work. During this time of crisis, Penserra has partnered with local organizations in New York, Chicago, and the San Francisco Bay Area to provide meals to doctors, nurses, and other front line healthcare workers.
Penserra Supports Chicago’s Operation Red Cape With Lunch Donation to Medical Community
In conjunction with Operation Red Cape, a community grass roots effort in Chicago, and with the help of Chicago’s...
COVID-19 Response: An Updated Message from CEO George Madrigal
To Our Clients and Community Above everything, I hope that you and your families are safe and healthy. The...
COVID-19 Response: A Message from Founder and CEO George Madrigal
COVID-19 Response: A message from Penserra Founder and CEO George Madrigal. “My well wishes go out to all of...
Penserra Proudly Recognizes Our Valued Female Colleagues on International Women’s Day 2020
Penserra proudly recognizes our valued female colleagues on International Women’s Day and ardently supports the 2020 theme of #EachforEqual....
Why Volume Matters: An Empirical Study of U.S. Stock Market Volume
Volume characteristics of a single stock can be influenced by performance, news, sentiment, and normal investor activity, along with...
Penserra Commits to NICSA’s Diversity Project North America
January 20, 2020– Penserra CEO George Madrigal is a Founding Member of NICSA’s Diversity Project North America, a group...
Penserra Brings Holiday Smiles to Chicago’s Libby School
Penserra delivered a bushel of fun and smiles to over a hundred children from Chicago’s Libby School by sponsoring...
Bill Miller – Director of IT
Bill Miller, Penserra’s Director of IT in Chicago, is a securities industry veteran whose latest challenge included moving Penserra’s entire Chicago operations to a new location. In our latest Penserra Profile, Bill discusses the ins and outs of the move, the evolution of trading technology, his perspective as a former floor broker on the Chicago Stock Exchange, and whether he roots for the Cubs or White Sox.
Penserra Selected by Northern Trust Asset Management for its Minority Broker Program
Penserra is proud to announce that it has been selected by Northern Trust Asset Management as one of eleven minority-owned broker dealers for its Minority Broker Program.