Q: What is your opinion on MKTX?
It has done terrible in a rising rate environment. Can it return to form once rated peak?

Thanks Leo

Q: Hi, I have a 2.5% position in SCHW (down 25%) and am looking to sell while keeping exposure to the financial sector.

MKTX and CME score highly on my evaluations and others listed are pretty decent too. Curious on your thoughts on a suitable, safe replacement.

This is in my LIRA and I'm looking to hold for 10+ years (was also the case for SCHW, but I'm concerned wrt their exposure from their long term bonds).

Q: Gentlemen, wondering how much of the current weakness is related to the tapering of quantitative easing?
Seems that most of their recent weakness is related to margins and volumes on high quality US bonds.

Thanks for all you do

Leo