--- title: "Outlook 2022: Aaron Hantman, Tourmaline Partners" description: When people return to the office remains an open question. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-937920388-1-4.jpg --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/outlook-2022-aaron-hantman-tourmaline-partners#popup-newsletter) #### Want the latest news on securities markets -- FREE? Sign up to receive exclusive articles on topics including: - Equity market structure - Profiles of buy-side investment firms - The evolution of multi-asset-class trading - Regulation and its implications for markets - The search for liquidity in fixed income markets - The convergence of fintech and capital markets Select one or more newsletters you would like to receive: menu [![Markerts media](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/header%20logo.svg "Markerts media")](https://articles.marketsmedia.com/) - [Latest News](https://articles.marketsmedia.com/tag/latest-news) - Latest News - Outlook 2022: Aaron Hantman, Tourmaline Partners Search - [Home](https://articles.marketsmedia.com/) - [Trending](https://articles.marketsmedia.com/tag/trending) - [Featured](https://articles.marketsmedia.com/tag/daily-email-feature) - [Sectors](https://articles.marketsmedia.com/tag/sectors) - [From The Markets](https://articles.marketsmedia.com/tag/from-the-markets) - [AWARDS](https://articles.marketsmedia.com/tag/events) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Newsletter](https://articles.marketsmedia.com/outlook-2022-aaron-hantman-tourmaline-partners#popup-newsletter) Hide search Search - NewsLetter ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg) [ON THE MOVE: Citi Hires Artie Ambrose;...](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_445735906_L.jpg) [Trading Adapts to ESG and Sustainable...](https://articles.marketsmedia.com/trading-adapts-to-esg-and-sustainable-investing) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-917493152-Jul-07-2022-09-34-19-09-AM.jpg) [Focus on FX Execution Connectivity](https://articles.marketsmedia.com/focus-on-fx-execution-connectivity) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_333839538_L.jpg) [TRACE Turns 20](https://articles.marketsmedia.com/trace-turns-20) 12.28.2021 By Anna Lyudvig, Traders Magazine Latest News # Outlook 2022: Aaron Hantman, Tourmaline Partners 12.28.2021 By Anna Lyudvig, Traders Magazine ![Outlook 2022: Aaron Hantman, Tourmaline Partners](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-937920388-1-4.jpg) [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/outlook-2022-aaron-hantman-tourmaline-partners) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/outlook-2022-aaron-hantman-tourmaline-partners) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/outlook-2022-aaron-hantman-tourmaline-partners) Aaron Hantman is CEO of Tourmaline Partners. ![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/Hantman-7-18-1024x682-2.jpg?width=419&height=278&name=Hantman-7-18-1024x682-2.jpg) Aaron Hantman **What was the highlight of 2021?** 2021 had quite a few highlights. In addition to growing the firm significantly, we saw a greater understanding and appreciation of our business model in the market– notably with larger buy-side players who use us in a supplemental capacity to augment their in-house resources. We now work with clients that range from $50 million to over $1 trillion in AUM. We celebrated our 10th anniversary earlier this year with our more than 50 experienced team members from around the world. By the end of this year, we will have traded nearly half a trillion in notional equity value. Perhaps most importantly, we’ve done this as an independent player that doesn’t compete with the sell-side. Our scale and agnostic position are virtually impossible to replicate in the short term and critical for success when working with larger buy-side players. **What surprised you in 2021?** I would say our most pleasant surprise this year was the tremendous growth of our derivatives business. That team is now up to four senior traders, and we’re executing more than 2 million contracts per month, largely in U.S. listed options on behalf of clients in the U.S., Europe and APAC. Some of our clients are seasoned derivative players, but many are more traditional equity investors that use Tourmaline to create strategies around their positions and monitor them over time. Most investment managers, even larger ones, don’t have dedicated options traders in-house. We have the benefit of being agnostically positioned in the marketplace, leveraging strong relationships with a handful of key liquidity partners and scale that affords us preferred pricing for clients. In 2022, we expect more clients to lean on our expertise in this area. **What industry trends have been prominent but are now fading (or will soon fade)?** The last two years have been unique, to say the least. COVID-19 certainly changed how people do business, and some of these new practices are likely to stay. During last year’s spikes in volume and volatility, Tourmaline performed well, and it was noticed. Interestingly, we think that “remote” trading was validated as a business model, and that supplemental expertise for in-house traders and teams is now being recognized as an “institutionalized” resource. It will be interesting to see if and when buy- and sell-side businesses plan to fully return to the office. Like most, we expect to see a hybrid model that incorporates some WFH for the foreseeable future. This likely means that Zoom calls, virtual events and the need to adapt business travel will all be part of the landscape going forward. As we can’t always see people in their offices, Tourmaline has started to mix in thought leadership dinners around the country for clients and others who are interested in our space. This allows those who work from home to hear from us personally, while also connecting with their peers in an informal setting. We’ll continue to adapt and improvise as needed. [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/outlook-2022-aaron-hantman-tourmaline-partners) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/outlook-2022-aaron-hantman-tourmaline-partners) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/outlook-2022-aaron-hantman-tourmaline-partners) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/trading-across-the-pond-Jul-07-2022-09-33-17-07-AM.png?width=376&height=250&name=trading-across-the-pond-Jul-07-2022-09-33-17-07-AM.png)](https://articles.marketsmedia.com/eu-achieves-electronic-trading-of-standardized-otc-derivatives) Regulation ## [EU Achieves Electronic Trading of Standard OTC Derivatives](https://articles.marketsmedia.com/eu-achieves-electronic-trading-of-standardized-otc-derivatives) ISDA warns on proposed changes to post-trade deferrals regime. 07.07.2022 By Shanny Basar 2. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/iStock-522304914-Jul-07-2022-09-33-41-28-AM.jpg?width=376&height=250&name=iStock-522304914-Jul-07-2022-09-33-41-28-AM.jpg)](https://articles.marketsmedia.com/six-digital-exchange-collaborates-with-fireblocks) Fintech ## [SIX Digital Exchange Collaborates with Fireblocks](https://articles.marketsmedia.com/six-digital-exchange-collaborates-with-fireblocks) The partnership will focus on delivering an institutional custody solution for digital assets. 07.07.2022 By Shanny Basar 3. [![](https://articles.marketsmedia.com/hs-fs/hubfs/Imported_Blog_Media/Depositphotos_103566932_L-2.jpg?width=376&height=250&name=Depositphotos_103566932_L-2.jpg)](https://articles.marketsmedia.com/iosco-publishes-crypto-asset-roadmap) Regulators ## [IOSCO Publishes Crypto-Asset Roadmap](https://articles.marketsmedia.com/iosco-publishes-crypto-asset-roadmap) The IOSCO Fintech Task Force will collaborate closely with other international bodies. 07.07.2022 By Shanny Basar [![MarketsMedia](https://articles.marketsmedia.com/hubfs/MarketsMedia.svg "MarketsMedia")](http://marketsmedia.com) - [About us](https://www.marketsmedia.com/about-us) - [Careers](https://www.marketsmediagroup.com/careers) - [Contact](https://www.marketsmediagroup.com/contact) - [Advertise](https://www.marketsmediagroup.com/advertise) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Corporate Site](https://marketsmediagroup.com) - © 2026 Markets Media Holdings LLC - - Terms & Conditions - Privacy Policy {{ standard\_footer\_includes }}