For Cost Reduction and Contingency Planning
TEMPTRADER.COM allows business managers to focus on reducing the day to day costs associated with running an in house trading and execution desk, whilst creating a robust contingency plan to cover unexpected staff shortages.
For asset managers who prefer to keep their trading and execution functions in house, this approach benefits by keeping a tight control on information leakage as well as the shortest lines of communication.
It is a new invaluable option realising many of the cost benefits of outsourced trading whilst counteracting the normal concerns of trust and the oft quoted fear of loss of control over one’s order flow.
It is clear outsourced trading does have its place and we have advised it in certain situations, but this new alternative has been created because outsourcing does not work for everyone.
TEMPTRADER.COM undoubtedly deserves consideration before you hire, fire or make any decisions on outsourcing your current trading desk activities.