Back office: The backbone of a successful CTA

Collins, Daniel P.
November 2004
Futures: News, Analysis & Strategies for Futures, Options & Deri;Nov2004, Vol. 33 Issue 14, p72
The article highlights that to be a successful money manager, commodity trading advisors (CTA) and commodity pool operators must realize that they are running a business. A robust and profitable trading strategy or years of fundamental trading expertise is not enough to ensure success. If a manager's regulatory and back office ducks are not in a row, he will have a hard time surviving regardless of trading prowess. At the heart of the back office operation is the reconciliation of trades. The CTA's back office must ensure that flow of trade documentation moves smoothly and correct any errors along the way.


Related Articles

  • FlexTrade Seeks to Be First With Block Forex System. Jaworski, Alexa // Securities Industry News;11/20/2006, Vol. 18 Issue 40, p20 

    The article reveals the plan of launching the MilanFX, a block-order foreign exchange trading platform, of FlexTrade Systems. The platform is claimed by the company as the first of its kind which offers connection to hedge funds, commodity trading advisers and banks. It will allow users to...

  • The truth about money management. Ruggiero Jr., Murray A. // Futures: News, Analysis & Strategies for Futures, Options & Deri;Aug2004, Vol. 33 Issue 10, p50 

    Provides information on money management. Differences between the purposes and goals of fund managers and individual traders; Comparison between fund managers and commodity trading advisors; Steps that an individual trader needs to do to succeed. INSET: What is money management?.

  • Wagoner: Success from the ground up. Collins, Daniel P. // Futures: News, Analysis & Strategies for Futures, Options & Deri;Jan2010, Vol. 39 Issue 1, p66 

    The article focuses on commodity trading advisor Jeanne Wagoner at Hyde Park Associates in Chicago, Illinois. It notes that Wagoner has dedicated her expertise in developing a trading system based on long-term experience, software, and algorithm. It adds that Wagoner continues to seek...

  • Regulators tussle over CPO/CTA regs.  // Futures: News, Analysis & Strategies for Futures, Options & Deri;Nov2004, Vol. 33 Issue 14, p18 

    The article focuses on the comment letter to the Securities and Exchange Commission in which the National Futures Association (NFA) reminded the securities regulator that commodity pool operators (CPO) and commodity trading advisors (CTA) already have a regulator. The NFA asked them to provide a...

  • Ross: White Indian and rubber chickens. Collins, Daniel P. // Futures: News, Analysis & Strategies for Futures, Options & Deri;Aug2010, Vol. 39 Issue 8, p62 

    The article focuses on trader Robb Ross and his commodity trading advisor called White Indian Trading Co. Accordingly, Ross' journey to building a trading business has been eclectic, but he has a passion for trading and measuring market trends. It adds that Ross has adopted the Stairs program...

  • Newell and the essence of trading. Collins, Daniel P. // Futures: News, Analysis & Strategies for Futures, Options & Deri;Aug2005, Vol. 34 Issue 10, p78 

    Profiles Donald A. Newell, principal and head trader of Quiddity LLC. Exposure to trading on the floors of the derivatives exchanges in Chicago, Illinois; Experiences in the commodity trading advisor business; Newell's approach to trading.

  • Experienced team at Altiq bucks trend in CTA space, up 18.5% this year with shorter-term managed futures strategy.  // Euro Hedge;11/16/2015, p1 

    IKOS veterans Sam Gover and Peter Ho are on track for the best year so far with their short-term oriented quantitative CTA fund, the Altiq Global Program -- putting them way ahead of most of their peers in the managed futures sector in what has been a very up-and-down time for the strategy

  • FTSE Rolls Out Real-Time Data Distribution Service. Schroeder, Mary // Securities Industry News;6/2/2003, Vol. 15 Issue 22, p5 

    FTSE Group is rolling out its own global real-time data distribution service, replacing services provided by the London Stock Exchange (LSE) and Reuters. LSE distributes the calculated indexes during European and the U.S. business hours, while Reuters provides data for all other times for the...

  • Verifying trends with order flow. Broz, Jack // Futures: News, Analysis & Strategies for Futures, Options & Deri;Aug2004, Vol. 33 Issue 10, p38 

    Offers tips on how to tell if a perceived trendline really is a trendline and how to determine if that trendline is likely to be held or violated in the United States electronic industries. Understanding of order flow; Views of the order flow; Software used by professional traders; Drawback to...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics