In a survey of buy-side equity traders in the US and Canada, recently published by Greenwich Associates, one third of respondents described outsourced trading desks as a good solution to help buy-side desks manage their flow while achieving best execution.
This might not sound like a ringing endorsement of outsourcing until you consider that only 20% of equity traders surveyed for the firm’s Market Structure Trading and Technology Study a year earlier, in 2019, expressed a similar view.
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