ICM Asset Management Adjusts to Technological Innovations and Government Regulations

ICM Asset Management
601 W. Main Ave.
Suite 600
Spokane, WA 99201

Assets under management:

$1.4 billion.

Fund(s) for which you trade:

We are a separate accounts manager.

Types of products traded:

Small-cap value, small- to mid-cap value, mid-cap value, and large-cap core and value. We also trade actively managed municipal and corporate bonds.

Daily volume in equities:

550,000 shares.

Structure of trading department:

We have three traders on the desk, including myself and then one other senior trader and a junior trader.

Previous Positions:

I came to ICM from Jefferies & Company, where I was an account executive. I spent approximately 10 years at Jefferies.

New technological innovations will continue to compete for our order flow, and new government regulations will attempt to create a level playing field for all. Buy-side traders will continue to see a delicate balance between too much and too little regulation. We will continue to see old trends and rules in the industry - such as soft dollars (28e) - challenged, improved and clarified. The buy-side trader has to be able to react to these all very quickly and understand how the sell-side partners are adapting to them or how they are exploiting them.