[ M E E T T H E D E S K | M & G I N V E S T M E N T S ]
The team consistently reassesses its counterparties and algo provider list to ensure it has an up to date suite of tools available to its traders to achieve better outcomes. For M & G, a key differentiator when selecting a sell-side counterparty has become mid-touch services surrounding low touch offerings.
“ If there ' s an algorithmic strategy that is not being used by the desk, we question as a team why we ' re not using it,” says Mould.“ Is it something we need to try a little bit harder to understand how it fits within our
“ No matter who contacts the desk, they get an even and good answer.”
DANIEL RICHES
suite of tools and which orders it is suitable for?”“ Some of our best relationships are with firms where we have hybrid electronic and sales trading coverage.”
The lines of high and low touch have become somewhat blurred, Riches confirms, but this has led to some of the desk’ s most fruitful trading relationships.
“ Ten years ago, the algo providers were very static and there was a kind of plug and
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