Sunday 13 April 2014

Do Traders Need To Be Better Organised?

One of the many key proposals that have come out of discussion with markets expert, David O’Neil, this week concerns the way traders set themselves up to professionally handle their affairs.

QVM has 10 QVMAC Representatives and thanks to the many issues facing traders, the contribution by these representatives is significant. However our representatives operate on a voluntary basis and sometimes lack the resources for professional advice. They also have their own businesses to run. David O’Neil points out that successful overseas models, particularly involving renewal, have trader organisations with paid officials plus resources necessary to manage their affairs.

There is much to examine here including the likelihood of traders being asked to make weekly subscriptions. It could be a small price to pay for independent professional management and guidance.