Report
US Institutional Equity Trading 2025
Rising Costs and Shifting Priorities Reshape Broker Relationships
Institutional equity trading enters 2025 under pressure as investors chase outperformance amid concentrated returns and escalating demands on broker services.
In this special report, Bloomberg Intelligence examines the key dynamics influencing buyside trading behavior, uncovering how firms are adjusting spending, reprioritizing relationships, and navigating a rapidly evolving trading landscape.
What you’ll learn:
- Why broker commissions are surging past the $7.9 billion spent in 2024
- How the concentrated performance in the Magnificent Seven has reshaping investment strategies
- What rising demand for investment research means for broker positioning
Key themes explored in this report:
As trading strategies adapt to tighter performance pressures and changing market conditions, we’ll continue to update this report with the latest insights from the buyside.
Download the full study today to get a clearer picture of the equity trading road ahead.
Enter your details for instant access
This is a synopsis of the full report. The data included in these materials are for illustrative purposes only. The BLOOMBERG TERMINAL service and Bloomberg data products (the “Services”) are owned and distributed by Bloomberg Finance L.P. (“BFLP”) except (i) in Argentina, Australia and certain jurisdictions in the Pacific Islands, Bermuda, China, India, Japan, Korea and New Zealand, where Bloomberg L.P. and its subsidiaries (“BLP”) distribute these products, and (ii) in Singapore and the jurisdictions serviced by Bloomberg’s Singapore office, where a subsidiary of BFLP distributes these products. BLP provides BFLP and its subsidiaries with global marketing and operational support and service. Certain features, functions, products and services are available only to sophisticated investors and only where permitted. BFLP, BLP and their affiliates do not guarantee the accuracy of prices or other information in the Services. Nothing in the Services shall constitute or be construed as an offering of financial instruments by BFLP, BLP or their affiliates, or as investment advice or recommendations by BFLP, BLP or their affiliates of an investment strategy or whether or not to “buy”, “sell” or “hold” an investment. Information available via the Services should not be considered as information sufficient upon which to base an investment decision. The following are trademarks and service marks of BFLP, a Delaware limited partnership, or its subsidiaries: BLOOMBERG, BLOOMBERG ANYWHERE, BLOOMBERG MARKETS, BLOOMBERG NEWS, BLOOMBERG PROFESSIONAL, BLOOMBERG TERMINAL and BLOOMBERG.COM. Absence of any trademark or service mark from this list does not waive Bloomberg’s intellectual property rights in that name, mark or logo. All rights reserved. © 2025 Bloomberg.