Trading

The Trade Order Management (OMS) Crossroad: Which way do we turn?

The Trade Order Management (OMS) Crossroad: Which way do we turn?

In today’s markets, many small to mid-sized asset managers are realizing substantial growth for the first time in over a decade. They are finding themselves at a crossroad, facing a decision on the direction they should turn for a long-term cost effective Trade Order Management (OMS) solution. With the abundance of choices nowadays from Application Service Provider (ASP) models, SaaS (Software-As-A-Service) models, and traditional self-hosting models, the cost versus value debate has become more complex and extremely difficult to dissect. The ultimate question is:

“Should we invest more in outsourcing our software and technology support (while reducing staff, sacrificing customization, and potentially functionality), or should we own the software and technology support? “

Are You MiFID II Compliant? Part 3: Publish, Report or Perish

Are You MiFID II Compliant? Part 3: Publish, Report or Perish

There has been a great deal of confusion over trade publication and transaction reporting, and there are several differences between the two. Watch our third installment of “Are You MiFID II Compliant?” here for an overview of Trade Publication vs. Transaction Reporting presented by Jon Gold.

Out of Options for This Self-dealing PM

Out of Options for This Self-dealing PM

In May of 2017, it was reported that a portfolio manager for a major asset manager has agreed to plead guilty to defrauding investors in closed-end funds for which he executed option trades. One major newspaper described this as an “option scheme”. However, it may also be viewed as a scheme that was best effected by using options. There is a difference.