Commentary

Erik Hoel
Traders Magazine Online News

Will The Bitcoin Bubble Pop Or Will It Envelop Us All?

Guest contributor Erik Hoel asks the question whether the worst is over for bitcoin holders, or still yet to come, what is yet to come? And why.

Traders Poll

In your opinion, what is the biggest hurdle facing the blockchain?

Cost of implementation

17%

Too many systems available

23%

Not applicable to my business

3%

Uncomfortable with the technology

33%

Nobody else is using it

23%

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March 1, 2002

Quantity Not Enough

By Gregory Bresiger

The Investment Counsel Association of America (ICAA) is skeptical of some of the best execution guidelines issued by the Association for Investment Management and Research (AIMR), a group which puts too much emphasis on quantifying results, according to the ICAA.

The Charlottesville, VA.-based IIMR guidelines contend that best execution means, "well-informed trade execution decisions made with the intention of maximizing the value of client portfolios under the particular circumstances of the time."

AIMR recommends that firms measure performance.

"It is important to measure information in ways that facilitate comparisons: From period to period; against appropriate objectives and benchmarks (e.g. peer universes); and by broker, trading venue, and trading method," AIMR states.