December 02, 2020
Tourmaline (Past Sponsor)
Tourmaline Partners is a trading solutions firm providing outsourced, supplemental and customized trading services to asset managers of all sizes. Tourmaline delivers a 24 x 6 buy-side execution offering in global equites, derivatives and ETFs on behalf of hedge funds, mutual funds, RIAs, family offices, sovereign wealth funds and asset owners. Clients include emerging managers at launch to those with AUM over $100B.
Tourmaline’s team comprises 30 traders averaging 15+ years of experience, based in Stamford, CT, London and Sydney. Tourmaline is privately held and positioned to not compete with the sell-side in their core businesses of research, banking and prime brokerage. Tourmaline uniquely funds research through an in-house, proprietary commission management infrastructure including CSAs, CCAs, aggregation as well as attributed trading to meet sell-side research commitments.
Founded in 2011, Tourmaline services 300+ institutional clients, trades in 45 global markets, is covered by over 375 sell-side brokers and employs over 40+ algo suites, dark pools and ATSs. Tourmaline’s technology infrastructure is comprised of proprietary tools for order entry, CRM data/analytics, commission management administration and reporting, and industry leading third-party solutions for order handling (OMS/EMS) and TCA.