The buy-side trader is latest job to be outsourced


LONDON: To a growing number of asset managers, keeping a trading desk isn’t worth it any more.

There are the salaries, data feeds and computers. There are new technologies and sources of liquidity from dark pools to systematic internalizers to keep up with. Then there are the reams of rules - perhaps you have heard of MiFID II.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Kerjaya Prospek unit secures RM529.32mil contract to construct villa residences in Bukit Tunku
Pentech eyes 40% recurring revenue contribution in three years
Inflation expected to remain between 1.5% and 2.5% this year - Akmal Nasrullah
CIDB appoints Ahmad Farrin as new chief executive
Foreigners extend selling streak in Asia, reaching US$13.61bil total outflows - MBSB IB
Bursa Malaysia joins Asian rally as US-Iran reach peace deal
Improved market sentiment lifts ringgit at opening
Shares jump, oil skids in Asia on news of Gulf deal
Dollar hits 10-day low as US, Iran reach peace deal
Oil slips 4% as US, Iran reach peace deal to reopen Strait of Hormuz

Others Also Read