Page 4 - Varghese Thomas News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Varghese thomas. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Varghese Thomas Today - Breaking & Trending Today

Hedge fund managers losing millions as order delays mount up


Hedge fund managers losing millions as order delays mount up
Submitted
13/01/2021 - 10:38am
An unprecedented number of delays when sending out orders to market is costing hedge fund managers USD20 million per year, according to new research from TradingScreen. 
A combination of operational inefficiencies and trade errors cause the majority of delays, while high costs associated with IT systems maintenance is also a significant contributor. The findings show that the most unprotected trade errors cost hedge funds anywhere between 3 and 10% of trade notional, which in some cases is USD5 million a year. 
Time delays and execution slippage, which is the difference between the expected price and the price at which the trade is executed, impacts performance by 2 per cent of AUM, which results in costs as high as USD9.5 million annually. When it comes to IT support and administrative costs, a large hedge fund with USD5 billion AUM spends between USD3.5 and USD5 mill ....

Varghese Thomas , வர்கீஸ் தாமஸ் ,