Buy-side firms increasingly are turning to outsourced trading to help cut costs. Regulation, the growth of technology on the trading desk and the move to passive management all contribute to the demand for outsourced trading services, according to Tim O’Halloran, Managing Director, Tourmaline Partners. Speaking with TABB Group senior analyst Michael Mollemans, O’Halloran explains the services and qualities clients value most and how Tourmaline addresses the unique concerns of client firms of all sizes, as well as how the outsourced trading space is changing.
STA May 2024 Open Call with Tourmaline Partners: Tim O’Halloran Discusses Outsourced and Supplemental Trading
Asset managers are increasingly turning to outsourced and supplementary trading relationships to streamline operations and navigate the dynamic regulatory and competitive environment. In the second installment of our three-part series, we delve into the various business models that underpin these trading providers, exploring the expectations of asset managers and the disruptive forces at play in...