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.
Tourmaline opens new European listed equity derivatives trading desk
Tourmaline CEO, Aaron Hantman, told BEST EXECUTION that Tourmaline has set-up a European-based listed equity derivatives business