In its report, "Institutional Equity Trading in America", the âTabbs Group
summarizes interviews of 52 head and senior traders at investment management firms and hedge funds with assets under management (AUM) from under USD$10 billion to over $1.1 trillion from January to March of this year. The report states that while "change is coming, itâs not a revolution but an evolution. Technology and platforms will become more robust, metrics and management will get tighter, traders will become more adept at using the new technologies and platforms."
Key findings include:
1. The top 2 brokerage services valued the most by traders are idea generation and research (26% of votes) and execution quality (23%)
2. Larger-size firms (over USD$1.1 trillion AUM) place the most value on technology, connectivity and quantitative execution strategy
"Weâre excited to be at the crossroads of idea generation and trading technology with Trade-Ideas," said David M. Aferiat, Director of Business Development, of Trade-Ideas. "Creating a simple-to-use tool powered by sophisticated statistical analysis keeps our brokerage clients at the forefront of technology and our end-customers extremely loyal to the service. We are also very pleased to have formed this strategic alliance with TradingScience, one of the world's leading educators. Our alliance confirms the intent to provide the best ancillary services to our end-customers and inserts Trade-Ideas into an innovative curriculum that will allow TradingScienceâs team to model their ideal environment for trade performance and risk management as well as use the service in ways we canât even imagine."
"We are delighted to bring Trade-Ideas into the portfolio of alliances and teaching tools at TradingScience", said Jai Ramoutar, Jr., CEO of TradingScience. "Trade-Ideasâ alert windows keep students 'on the path' by consistently and exclusively providing those opportunities that meet the specific parameters, patterns and levels learned from TradingScience instructors. In this way the discipline we teach regarding 'How to trade' is matched by Trade-Ideas' technology to find the 'cream that rises to the top'. Our alliance with Trade-Ideas delivers a powerful and simple to use tool used by institutional traders to our students all over the world."