The Buyside in Command
Traders Magazine, August 2004
The buyside can out-trade the sellside. At least that's what some buyside traders told the Tabb Group. With the advances in equity trading technology, many on the buyside now look to themselves for best execution before handing their orders off to brokers. ECNs, electronic crossing networks, direct market access front-ends, order management systems, FIX connectivity and algorithm servers all make it possible for the buyside trader to take more control of his orders. That's good because performance pressures and legal and regulatory scrutiny are practically forcing him to do so.
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