Commentary

Brijesh Malkan
Traders Magazine Online News

Solving the Last Mile Problem in Investment Research

One executive takes a forward look at how will the research value proposition change over the short to medium term, and what are the products and strategies managers will turn to?

Traders Poll

Do you think it's a good idea to conduct an access fee pilot to assess the pricing models used by many trading venues?

Yes
No
Should have had a pilot program a long time ago.

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November 1, 2004

Hard Dollars Are A Smoking Gun

By Editorial Staff

Buyside firms that replace soft dollars with hard dollars for research should keep a close watch on the tab. Regulators could start asking questions if the cash costs for the same research are suddenly lower, according to one expert. It may raise suspicions that the previous soft-dollar arrangements were unethical, according to James Hartman, who runs the asset management practice at Ernst & Young in New York.