Reported 2 months ago
A recent Coalition Greenwich survey reveals that 10% of global buy-side equity traders are now utilizing outsourced trading platforms, marking a significant shift in the finance industry. Once viewed skeptically, outsourced trading is increasingly seen as a viable strategy to reduce costs and cope with technological advancements. The survey indicates that this sector has reached a 'tipping point,' making it socially acceptable and likely to continue growing. With over 40 firms offering these services, asset managers are revisiting their operations to enhance competitiveness against low-fee funds.
Source: YAHOO