TheBooks Description
Alternative investment managers who need large allocations will find managed accounts a reality. Managed accounts allow for block trades, fill prices allocation, multiple clearing relationships and give-up reporting. They also provide additional trading options that a fund doesn't have. Ironically, a CTA sells one of the most basic commodities: Risk Adjusted Returns. There is no difference in a risk adjusted return of 10% from advisor A versus a return of 10% by advisor B. Advisors differ from one another by the intangibles, such as how clients will be handled when returns are not available. To find out why TheBooks is used by firms as their core operating software environment, we surveyed our customers. Find out what they had a to say. TheBooks®, unlike traditional accounting systems, was designed with traders in mind.