Beginning this month, the Federal Reserve Bank of New York will transition the Survey of Market Participants (SMP) from a pilot to a permanent initiative. The permanent SMP will be similar to the ongoing Survey of Primary Dealers (SPD), with the objective of better understanding the expectations of active investment decision makers. Initial eligibility to participate in the SMP will continue to be limited to a subset of firms associated with the following New York Fed advisory and sponsored groups:
- Investor Advisory Committee on Financial Markets
- Foreign Exchange Committee
- Treasury Market Practices Group
- Buyside General Counsel Committee
The surveys will consist of a subset of questions taken directly from the SPD. SMP questions and results will continue to be posted on the New York Fed website, concurrent with the SPD.
Participation in the survey is voluntary, and firms on the panel are listed below. This list will be updated if the composition of the panel changes.
American Capital Agency
Apollo Management
Appaloosa Management L.P.
Bessemer Investment Management
BlackRock
BlueMountain Capital Management, LLC
Brevan Howard
BTG Pactual
Caxton Associates LP
Citadel LLC
Cowen Group, Inc.
Credit Suisse Group
D. E. Shaw & Co., L.P.
Eaton Vance
Eton Park Capital Management
Fischer Francis Trees & Watts
Fortress Investment Group LLC
Graham Capital
Guggenheim Partners
J.P. Morgan Asset Management
Kynikos Associates
Microsoft Corporation
Millennium Management, LLC
Moore Capital Management LLC
NWI Management
Oppenheimer Funds
QFR Capital Management
Teacher Retirement System of Texas
Vanguard
Wellington Management