Trema, a specialist in fund management technology, has created a system for real-time calculation and reporting net asset value that will specifically mitigate market timing.
Market timing and late trading are two of the most pressing issues affecting the investment management industry. The practices involve buying shares after the market closes and selling them the next day. As the net asset value set at the market close might not represent actual asset value, late-day traders use the scheme to make an illegal profit.