Mostly… fixed income and cross product eTrading

February 3, 2008

Back office woes continue

Filed under: etrading, Nuts and Bolts — holky @ 8:07 pm

Hedge funds and mutual funds will continue to have difficulty staffing their back offices in 2008. WSJ article includes a comment that “fund companies have to assume now that their workforce is highly mobile and they won’t stay long in a particular position”

It’s always been a fairly natural move from back office into etrading, but I wonder if the experiences and rumours associated with Jerome Kerviel and SocGen will going forwards cause any pause for thought in taking a back office joe into an etrading¬†position with finger-on-the-trigger in front office?

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