The outsourced trading space has seen explosive growth, and that means more buy-side firms than ever are seeking to evaluate the various offerings on the market. When it comes to assessing providers, decision makers should prioritize three key measuring sticks: Independence, Scale and Expertise. With these core features as a guide, buy-side firms can more […]
Last month, Tourmaline Partners Managing Director Tim O’Halloran participated in “Outsourced & Supplementary Trading in a Post-Pandemic World,” a panel at Security Traders Association’s 89th Annual Market Structure Conference. He discussed the rise of outsourced trading firms, the evolution of the offering, the types of firms offering outsourced trading and the factors driving success of […]
On September 14, STA hosted Sayant Chatterjee, COO, LiquidityBook, Aaron Hantman, CEO, Tourmaline Partners, and Jeff LeVeen, Managing Director, JonesTrading, on an open call to discuss key topics and trends in the outsourced trading space. Here is a recap of their discussion written by Sam Belden of Forefront Communications.
Interest in derivatives is at an all-time high. Last year, the Options Clearing Corporation (OCC) reported clearing a record-setting 9.93 billion total contracts, a 33.7% increase over 2020. With the rise of retail trading platforms, greater use of equity options by institutional investors and the knowledge that traders can more easily employ options trading to express their views in a leveraged manner, liquidity in these markets has increased, creating a self-fulfilling prophecy of greater adoption.
In this installment of At the Forefront: Fintech Conversations, Forefront Senior Vice President and Head of Media Relations Michael Kingsley and Tourmaline Partners CEO Aaron Hantman unpack the findings of a recent Coalition Greenwich report on outsourced trading.
With their recent study, A Deeper Dive into the Outsourced Trading Evolution, Coalition Greenwich and Shane Swanson have done an exemplary job of educating the marketplace on the types of providers and use cases for both outsourced and supplemental trading.
Tourmaline Partners recently commented on how Supplemental Trading – augmenting the reach of buy-side traders – has been our fastest-growing business and largest total addressable market. Trading offshore markets has been a key driver of this growth.
Tourmaline Partners, LLC, the world’s leading outsourced trading solutions firm, today announced key new hires in London and Sydney to further strengthen its team of global trading experts. Gareth Pickard has joined as a senior European Equities and Derivatives Trader, based in London, and James Gleeson has joined as a Managing Director focused on business development as well as trading the APAC region, based in Sydney.
Over the last years outsourced trading became mainstream with asset managers choosing the offering to enhance performance and efficiency as well as to manage their costs. Aaron Hantman, CEO of Tourmaline Partners, said that industry trends are driving demand for both outsourced and supplemental trading solutions.
According to Bloomberg Intelligence’s recent survey on U.S. Institutional Equity Trading, liquidity access, technology, COVID/WFH and managing commission wallets are the four most significant concerns of buy-side traders. Tourmaline Partners’ proven ability to address these challenges for investment managers of all sizes has been integral to our growth.