In 2020 head traders are prioritising the tools that their traders have and the skills needed to use them, in order to broaden their execution choices. From portfolio trading to auto-execution, these protocols are enabling better execution in a wider degree of market conditions.
More choice requires better decision-making, and so a new trading protocol has to be integrated into their workflow and fully understood to minimise the impact of decision-making on their most precious resource, time. By delivering best execution to their end clients, buy-side trading desks are reducing investment costs and boosting alpha generation. Iseult Conlin, US Institutional credit product manager at Tradeweb, says that trading desks can and should be engaging with these new tools right now.