Archive: Algorithms
»  Weblog Main   |   »  View Entries By Topic   |   »  View Entries By Date

Santayana New Sales Head at Credit Suisse AES

Feb 13, 2008 @ 11:04 AM By Cristina McEachern,

As the newly appointed Head of Advanced Execution Services (AES) Global Sales at Credit Suisse, Manny Santayana is already working hard to foster the group’s global, multi-asset focus.

Continue reading ...

Progress Releases Smart Order Router Accelerator

Jan 22, 2008 @ 10:20 AM By Cristina McEachern,

Progress Software has released its Progress Apama Smart Order Router (SOR) Accelerator to help traders quickly and effectively create and deploy smart order routing strategies.

Continue reading ...

Electronic Trading in Asia: the Pitfalls and Opportunities

Nov 19, 2007 @ 01:53 PM By Cristina McEachern,

The opportunities and challenges of electronic trading in Asia was the focus of a roundtable discussion sponsored by NeoNet Securities today in New York.

Continue reading ...

Knight to Acquire Agency Brokerage EdgeTrade for FAN

Nov 19, 2007 @ 01:19 PM By Kerry Massaro,

FAN, the Find And Nail algorithm, created by agency brokerage EdgeTrade, has found a fan in Knight Capital Group.

EdgeTrade’s development of FAN, which simultaneously sprays aggregated dark pools and public markets and continuously moves an order in line with shifting liquidity, has led to a lucrative courtship by Knight, a full service broker-dealer, which announced its intentions to acquire EdgeTrade this morning for $59.5 million.

Continue reading ...

Progress Apama Partners with FXall for Accelor Access

Nov 13, 2007 @ 09:34 AM By Cristina McEachern,

Progress Software announced that its Progress Apama algorithmic trading platform now offers access to FXall’s Accelor foreign exchange anonymous electronic communication network (ECN).

Continue reading ...

TradeTech West: Algos Inside Out

Sep 26, 2007 @ 11:35 AM By Cristina McEachern,

How exactly are buy side traders using algorithms? That was the question posed to a panel at the TradeTech West conference taking place in San Francisco this week.

Continue reading ...

Credit Suisse Appoints New Liquidity Head

Sep 21, 2007 @ 10:23 AM By Cristina McEachern,

Dmitri Galiametdinov has joined Credit Suisse’s Advanced Execution Services group as Director and Head of Liquidity Strategy.

Continue reading ...

Instinet Adds Direct Access to Three Broker Algos

Sep 10, 2007 @ 10:01 AM By Cristina McEachern,

Users of Instinet’s Newport and Instinet Trading Portal execution management systems (EMSs) can now directly access Bank of America, Credit Suisse and Goldman Sachs algorithms.

Continue reading ...

Citi's New Global Execution Head to Focus on Consistency

Aug 1, 2007 @ 11:37 AM By Cristina McEachern,

Richard Evans has been promoted to head up Citi’s global electronic execution business. In his new role, based in London, Evans will be charged with continuing Citi’s drive to create consistent global electronic trading product offerings from agency program trading to transaction cost analysis, market data monetization and the Lava e-trading business.

Continue reading ...

RealTick Integrates Two New UBS Algos

Jul 27, 2007 @ 11:24 AM By Cristina McEachern,

Townsend Analytics announced the availability of two new algorithms from UBS available on its RealTick Execution Management System (EMS). UBS’ Tap and TapNow algorithms, the latest from the firm’s Global Direct Execution Services, seek out both dark and displayed liquidity.

Continue reading ...

DSAL Reaches New Speeds in Complex Event Processing

Jul 9, 2007 @ 11:54 AM By Cristina McEachern,

Data Stream Analysis (DSAL), a U.K.-based provider of low latency solutions for processing real-time streaming data, recently completed performance testing of its processing speeds, reaching rates of 200,000 calculations and 1.5 million updates per second.

Continue reading ...

Celent Commentary: Citi's Potential Acquisition of ATD

Jun 27, 2007 @ 12:18 PM By Cristina McEachern,

As reports have surfaced that Citi is in discussions to purchase Automated Trading Desk (ATD) for somewhere in the neighborhood of $700 million, it’s a sure sign that Citi is continuing to invest in order to build out it electronic trading capabilities.

Continue reading ...

ITG to Acquire RedSky

Jun 8, 2007 @ 02:39 PM By Cristina McEachern,

Looking to further expand its trading offerings across asset classes, ITG announced this morning that planned to purchase RedSky Financial, a broker-dealer that specializes in multi-asset class electronic trading.

Continue reading ...

Townsend Analytics Adds Credit Suisse Algos and Dark Pool Access To RealTick

Jun 6, 2007 @ 09:19 AM By Cristina McEachern,

Townsend Analytics announced that Credit Suisse’s Advanced Execution Services (AES) suite of algorithmic trading products, as well as the firm’s CrossFinder dark pool can now be accessed via Townsend’s RealTick execution management system (EMS).

Continue reading ...

Barclays Capital Enhances FX Algo Offering

May 24, 2007 @ 02:38 PM By Kerry Massaro,

Barclays Capital, the investment banking arm of Barclays Bank, has enhanced its recently launched algorithmic trading tool for FX trading. The tool is called PowerFill Orders, and is available on the firm’s BARX execution and post-trade platform.

Continue reading ...

Will Geyer New President and COO at JonesTrading

May 2, 2007 @ 12:05 PM By Cristina McEachern,

Will Geyer joins JonesTrading as the agency brokerage's new president and COO. The appointment comes on the heels of a $50 million equity financing investment from Friedman Fleischer & Lowe.

Continue reading ...

Buzz Is All About Crossing Networks And Dark Pools, Citi Exec Says

Apr 25, 2007 @ 03:34 PM By Cristina McEachern,

I just talked with Tim Reilly, managing director and head of North America electronic execution sales at Citi about Citi Electronic Execution 's IS Shadow Strategy. Here is what he had to say:

Continue reading ...