- Home
- News
- Industry Opinions
- Editors Opinions
- Research
- Trading Floor Photo Galleries
- Traders' Profiles
- Trading Tech Directories
- Industry Jobs
- Video
- White Papers
- Events
Algorithmic Trading directory




| Company | Description of Service | What algorithms does your firm provide? | What types of orders are offered around your algorithms? | Approximate category breakdown of clients | Do you offer algorithms in other asset classes? If so which asset classes? | Are your algorithms available internationally? If so, which markets? | Is pre or post trade analysis available? | Through which OMS's do you connect? | |
![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ![]() | ||
![]() | Abel/Noser Corp. Signature Algorithms Fred Graboyes 646-432-4100 fgraboyes@abelnoser.com www.abelnoser.com | Abel/Noser has offered execution services to investment manager clients since 1982. Our philosophy remains the same today as the day we opened our doors: offer the best execution with low commission rates. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop, Probing - Crossing Order Type | Broker/Dealers: 10%, Hedge Funds: 20%, Mutual Funds: 70%, Proprietary trading desks: NA | No | Future Development | Yes, Pre and Post Trade analysis is available through Ancerno, our technology affiliate. We base our analysis on actual trade data providsed to us by our clients. Our trading data universe exceeds $7.5 trillion in known market trades for over 75 different markets, both domestic and international. | ||
![]() | Alphacet Discovery Peter Sibirzeff 203-352-6990 sales@alphacet.com www.alphacet.com | Alphacet Discovery is the only straight through processing platform for advanced quantitative strategy development and deployment. Alphacet Discovery seamlessly connects to leading market data vendors and market database partners, and provides advanced financial modeling tools that allow users to develop, back test, walk forward and deploy quantitative financial strategies. | Limit order, Market order, Constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Stop market, Stop limit, Trailing stop, Probing - Crossing Order Type, | Broker/Dealers: NA, Hedge Funds: 70%, Mutual Funds: NA, Proprietary trading desks: 30% | All asset classes | Yes, all markets | Yes through our chart application and data explorer. | ||
![]() | Assent LLC Liquidity Services Paul Cashman 201-779-8443 paul.cashman@sungard.com www.sungard.com/assent | Assent Algorithms allow firms to potentially trade smarter, decrease market access fees and to maximize access to available liquidity. The Assent Liquidity Services Algorithms help maximize risk-adjusted performance by intelligently measuring trade-offs involving risk, execution costs, and expected returns. Brokerage products and services offered by Liquidity Services are provided by Assent LLC, member FINRA/SiPC. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop, Probing - Crossing Order Type. | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | NA | NA | Yes | ||
![]() | Bank of America Merrill Lynch Global Execution Services U.S.:212-449-6090; Europe:44-207-996-4521: Japan: 813-6225-8398; Asia: 852-2161-7550 www.bankofamerica.com/ets | Bank of America/Merrill Lynch offers a comprehensive suite of electronic trading strategies and market access. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | Yes. Options - Ten electronic strategies are offered: SWEEP; Clean SWEEP; Hidden SWEEP; Iceberg; Smart; Spray; Multi-legged Options; Multi-legged Options+Stock; Facilitated | Yes - U.S., Canada, Brazil, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK, South Africa, Japan, Australia, Hong Kong, Korea, Singapore, Taiwan. | Yes- Daily TCA reports are available at EOD or T+1. In addition, a Quantitative Consulting group provides additional consultancy services. | ||
![]() | Barclays Capital Electronic Trading Services Electronic Sales Trading Desk 212-526-1130 ETS@barclayscapital.com | Barclays Capital is a full-service provider of electronic trading services. Offerings include BARX Equities algorithmic trading strategies, analytics, DMA capabilities, RealTick and more. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Probing - Crossing Order Type | Broker/Dealers: 10%, Hedge Funds: 30%, Mutual Funds: 60%, Proprietary trading desks: NA | Equity options algorithms are available, including Vol Trader, which works stock simultaneously with the option. | BARX Equities algorithmic trading strategies cover all major markets across North America, Europe and Asia. | Pre-trade analysis is available for single stock and portfolio orders through our SSE (Single Stock Environment) and Portfolio WebBench applications. TradeGauge is Barclays Capital's industry leading product for TCA and post-trade analysis. | ||
![]() | Centauris Group Algorithmic Trading Christian Blais 418-840-9229 christian.blais@centaurisgroup.com www.centaurisgroup.com | Centauris Group is a financial technology firm whose expertise resides in the analysis, design and implementation of technology related solutions for investment and business professionals. Most of our algorithms are custom-coded to suit our customer's needs. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop, Probing - Crossing Order Type | Broker/Dealers: 30%, Hedge Funds: 10%, Mutual Funds: NA, Proprietary trading desks: 60% | FX, Stocks, Futures, Options. | Our algorithms are available all over the world. | We do offer a wide range of backtesting options as well as the possibility to analyze trading records using industry standards. | ||
![]() | Citi Citi Electronic Execution Electronic Sales 866-922-5282 eesales@citi.com | Citi offers world class algorithmic products around the globe in variety of strategies. Each strategy is specifically designed to balance liquidity capture while minimizing information leakage according to local market conditions. They are also optimized to take full advantage of Citi Match. Strategies are also highly customizable per client per trader to fit the needs of each trader. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Probing - Crossing Order Type | Broker/Dealers: 10%, Hedge Funds: 30%, Mutual Funds: 60%, Proprietary trading desks: NA | Citi currently offers Equities and FX algorithms with plans to launch in options and futures. | Yes. Citi offers algorithmic trading strategies across major markets in North America, Europe, Asia, and Australia. Upcoming new markets expected to include Mexico, Brazil, Canada and India. | Both are available. BECS, a market leading pre-trade analytics platform, is integrated into estimation process and available as a stand alone platform or via Bloomberg. Citi also offers post trade analysis tailored to client needs. | ||
![]() | ConvergEx Algorithmic Suite Scott Daspin 212-237-0458 sdaspin@bnyconvergex.com www.bnyconvergex.com | ConvergEx offers a comprehensive suite of enhanced algorithms that meet a broad spectrum of trading strategies and requirements to help traders improve performance. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Probing - Crossing Order Type | Broker/Dealers: 20%, Hedge Funds: 30%, Mutual Funds: 40%, Proprietary trading desks: 10% | We offer the following algorithms for options: Hidden, Pulse, Reserve and Delta Peg. | Americas: Brazil, Canada and Mexico. Asia: Australia, Hong Kong, Japan and Singapore. Europe, Middle East & Africa: Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Italy, Ireland, Netherlands, Norway, Poland, Portugal, South Africa, Spain, Sweden, Switzerland and United Kingdom. | Yes | ||
![]() | Credit Suisse AES-Advanced Execution Services Manny Santayana 212-325-5300 manny.santayana@credit-suisse.com http://www.credit-suisse.com/ib/en/equities/aes.html | AES: Award winning provider of global multi-asset algorithmic solutions. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop, Probing - Crossing Order Type | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | YES. AES provides algorithmic solutions for Equities, Options, Futures, and Foreign Exchange. | AES is available in over 40 countries | Yes | ||
![]() | Deutsche Bank Autobahn Equity Thomas Chippas 212-250-3988 thomas.chippas@db.com http://autobahnequity.db.com | The autobahn®Equity platform offers a suite of customized Deutsche Bank proprietary trading, content and analytic solutions. Deutsche Bank’s global market access, sophisticated execution tool-kit and robust analytic package can be easily integrated into existing workflows. Direct from the desktop, autobahn®Equity platform empowers execution, providing access to over 60 exchanges world-wide. A dedicated global trading and support team provides 24 hour coverage. Access Deutsche Bank's single stock, portfolio trading, DMA and proporietary algorithmic strategies for your Equity trading needs today. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop, Probing - Crossing Order Type | Broker/Dealers: 10%, Hedge Funds: 40%, Mutual Funds: 40%, Proprietary trading desks: 10% | Options, futures, FX. | Deutsche Bank's algorithms are available in over 60 markets world wide. | Pre and post trade analysis are available. | ||
![]() | Edge Financial Services Develop low latency software Jitesh Thakkar 312-235-3206 info@edgefinite.com www.edgefinite.com | We offer a low latency Direct Market Access connectivity platform to CME. | Limit order, Market order, Market on open, Market on close, Stop market, Stop limit, | Broker/Dealers: NA, Hedge Funds: 50%, Mutual Funds: NA, Proprietary trading desks: 50% | no | ||||
![]() | Fidelity Capital Markets Model Trade Execution (MTRX) Matthew Kennedy 888-595-0589 matthew.kennedy@fmr.com https://www.fidelitycapitalmarkets.com/ | Fidelity Capital Markets Model Trade Execution (MTRX) offers both traditional and next generation algorithms. FCM's suite of algorithms are highly customizable, which allows us to better address client-specific needs. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on close, Reserve, Probing - Crossing Order Type, 10b-18 | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | No, Fidelity Capital Markets doesn't currently offer algorithms in other asset classes. | No, Fidelity Capital Markets doesn't currently offer international algorithms. | Fidelity Capital Markets currently offers post trade analysis. | ||
![]() | Fidessa BlueBox Kristin Kelly 212-269-9000 us.info@fidessa.com www.fidessa.com | Fidessa BlueBox is the only algorithmic trading system that is integrated with a full service OMS. BlueBox offers traders both a suite of industry acknowledged models and a comprehensive framework to design and deploy proprietary algorithms that can be adjusted to take advantage of market opportunities as they arise. BlueBox includes Benchmark Strategies and Execution Strategies. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, List trading, basket trading, pairs trading | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | Fidessa BlueBox is available in the U.S., Canada, Europe and Asia. | ||||
![]() | FlexTrade Systems, Inc. FlexTRADER Sales 516-627-8993 sales@flextrade.com www.flextrade.com | FlexTRADER is a broker-neutral, quantitatively enriched execution management system (EMS) that encompasses all facets of electronic and algorithmic trading. FlexTRADER seeks and facilitates direct access to multiple sources of liquidity. From a single platform, orders are routed automatically to various points of execution, including NYSE MatchPoint, BIDS Trading, Chi-X Canada, more than 100 broker-dealers, as well as all leading ECNs and primary exchanges. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop, Probing - Crossing Order Type, List Trading Baskets | Broker/Dealers: 30%, Hedge Funds: 30%, Mutual Funds: 30%, Proprietary trading desks: 20% | FX, Options and Futures. | Yes: FlexTrade’s algorithms are global, covering the Americas, Europe, Africa, Middle East and Asia | Yes. | ||
![]() | Fox River Execution Fox Trader Cheryl Gilberg 646-871-9120 cheryl@foxriver.com www.foxriver.com | Fox River Execution’s suite of execution products was developed to address the unique needs of the institutional trader. Its legacy system, Fox Trader, blends the human logic of a professional trader with the precise mathematical formulas imbedded in Fox River’s proprietary models. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop, Probing - Crossing Order Type | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | No | Yes. | |||
![]() | GFI Group CreditMatch Francesco Cicero 212-968-2990 francesco.cicero@gfigroup.com www.gfigroup.com | CreditMatch is a suite of trading applications for the Credit markets, and is the electronic foundation for GFI's leading position in the global Credit Derivatives space. It is the first platform capable of trading of CDS and related cash instruments in a single flow. Today it offers over a dozen different ways to execute a trade. | Limit order, Market order, Reserve, ICEBERG | Broker/Dealers: 100%, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | Equities, Energy and Commodities. | Deployment is global. | YES | ||
![]() | GFI Group, Inc. EnergyMatch Lisa Krause 212-968-2217 lisa.krause@energymatch.com www.energymatch.com | EnergyMatch® is GFI Group’s online energy trading platform in North America. It reflects GFI’s hybrid broking strategy - experienced brokers supported by advanced technology providing both electronic and broker-assisted execution. EnergyMatch® brings together buyers and sellers of derivative and physical commodities contracts including North American Electricity and Natural Gas. EnergyMatch provides access to a deep pool of liquidity. It enhances the speed and quality of trade execution while simultaneously providing access to larger, more complex trades and developing markets through GFI’s highly experience brokers. | Limit order, Reserve, | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | |||||
![]() | Goldman Sachs Goldman Sachs Electronic Trading 212-357-4255 gset-news@gs.com http://gset.gs.com/ | Goldman Sachs Electronic Trading (GSET) offers a global, multi-asset suite of algorithms that includes equities, futures, synthetics and options. Every algorithm seeks optimal execution based on user-defined parameters and accesses a number of displayed and non-displayed liquidity sources. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Probing - Crossing Order Type, Would if good | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | Futures, options and synthetics. | Yes, strategies are available across Asia, Europe, and North America. | Yes, through our REDIPlus front-end EMS or through a variety of web- or email-based solutions. | ||
![]() | InfoReach, Inc. TMS Sales 212-269-2722 Ext.2030 sales@inforeachinc.com www.inforeachinc.com | InfoReach TMS combines order entry, rule-based portfolio trading, order management and FIX connectivity in a single broker-neutral trading platform. Product capabilities include trading of various security types either manually or algorithmically, including global equities, options, futures and FX. Order routing, pre and post-trade analysis, automation of execution algorithms, and real-time position monitoring. While the product offers a broad range of functionality, it can also be easily configured to deliver just a subset of required features. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop, Probing - Crossing Order Type | Broker/Dealers: 30%, Hedge Funds: 40%, Mutual Funds: 10%, Proprietary trading desks: 20% | Futures, FX and Options. | Yes | Yes | ||
![]() | Instinet Instinet Execution Experts U.S. Institutional Sales 877-467-8463 newaccountsales@instinet.com www.instinet.com | The Instinet Execution Experts is a suite of flexible event-driven algorithmic strategies operating within a sophisticated risk-controlled framework. The Experts are based on a modular platform, with execution strategies built from underlying agents that perform specialized functions within the broad categories of aggregation, scheduling and implementation. | Limit order, Market order, Constraints, Discretion, Pegging, Single-stock, Reserve, Stop market, Stop limit, Probing - Crossing Order Type | Broker/Dealers: NA, Hedge Funds: 60%, Mutual Funds: 40%, Proprietary trading desks: NA | Through Instinet's acquisition of TORC Financial, Instinet should soon have the ability to extend the Experts into futures and options. | Yes, Instinet offers algorithms in all major North America, European and Asian markets. | Yes, Instinet offers a pre-, post- and real-time trade analytics suite -- Instinet InSight. | ||
![]() | Investment Technology Group, Inc. (ITG) ITG Algorithms, ITG Routers 866-244-4766 info@itg.com www.itg.com | ITG Algorithms integrate pre- and post-trade analysis to reduce market impact, maximize execution quality, and improve performance. ITG Algorithms and ITG Routers offer access to rich liquidity including POSIT MarketplaceSM. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Stop limit, Probing - Crossing Order Type | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | Yes, index futures. | Yes. ITG Algorithms are available in Canada, Europe, and Asia. | Yes, both pre- and post-trade analysis is available. | ||
![]() | J.P. Morgan Electronic Client Solutions (ECS) David Conner 212-622-4854 david.a.conner@jpmorgan.com http://www.jpmorgan.com/pages/jpmorgan/investbk/solutions/equities/ecs | Electronic Client Solutions (ECS) provides a full suite of electronic products to institutional, middle market and hedge fund clients, including global direct market access, pre- and post-trade analytics and various algorithmic trading tools designed to minimize transaction costs and maintain anonymity. This offering is bolstered by a robust infrastructure, an experienced support team and superior client service. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Adaptation Tactics, Stampede Price | Broker/Dealers: 10%, Hedge Funds: 30%, Mutual Funds: 50%, Proprietary trading desks: 10% | Yes. Futures and options. | Yes. Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, United Kingdom, Australia, Hong Kong, Japan, Korea, Singapore, Taiwan. | OnSite Online is J.P. Morgan's trade analytics tool that concentrates trade structuring in evaluating different methods for trade optimization and implementation of cross-product strategies with bespoke, client-driven analytic reporting. It is a light-weight, web-based portfolio management and trade analysis tool that provides components for pre, concurrent and post-trade analysis on the user's desktop and is also integrated with several buy-side OMSs. | ||
![]() | Lightspeed Trading Lightspeed Gateway Andrew Actman 888-577-3123 (888-LSPD-123) aactman@lightspeed.com www.lightspeed.com | Lightspeed Gateway offers the most dynamic black-box development solution to traders who depend on high performance direct-market access. From standard features like order entry and data retrieval, to the speed benefits of co-location and a character-delimited protocol, Lightspeed Gateway has redefined the technology behind the algorithmic trading. | Limit order, Market order, Pegging, Single-stock, Market on open, Market on close, Reserve | Broker/Dealers: 20%, Hedge Funds: 10%, Mutual Funds: NA, Proprietary trading desks: 70% | No | No | Lightspeed provides 14 hours of trade support every day to every account, including dedicated technology and financial management teams. Lightspeed provides a suite of software tools to help facilitate your trade monitoring, accounting, and compliance and risk. Given today’s challenging regulatory environment, Lightspeed Gateway strives to maintain all risk and compliance checks with an emphasis on keeping latency to a minimum. Lightspeed Gateway allows you to apply limits to your account, such as maximum daily loss/gain, daily shares traded, number of shares and/or positions held. | ||
![]() | Morgan Stanley Morgan Stanley Benchmark Execution Strategies (BXS) Court Crane 212-761-8653 mset-na@morganstanley.com http://www.morganstanley.com/institutional/sales/electronic_trading.html | Morgan Stanley Electronic Trading (MSET) provides a complete spectrum of services from pre-trade analytics, execution, post-trade execution performance analysis and commission management. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Probing - Crossing Order Type | Broker/Dealers: 10%, Hedge Funds: 50%, Mutual Funds: 30%, Proprietary trading desks: 10% | Futures and Options | Austria, Belgium, Czech Republic, Denmark,Finland, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, South Africa, Spain, Sweden, Switzerland, Turkey, UK, Australia, Brazil, Canada, Hong Kong, India, Japan, Korea, Mexico, Singapore, Taiwan. | Yes through our Morgan Stanley Analytics platform. | ||
![]() | Neonet Global Agency Broker Gregory Treacy 201-526-8600 x2 salesus@neonet.com www.neonet.com | Neonet is a leading agency broker providing a complete suite of global execution products and advanced technology solutions. This includes various algorithmic strategies and proprietary smart routing capabilities. | Limit order, Market order, Constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | Equities only | Yes. Neonet focuses on the non U.S. marketplace, with next generation algos and smart routing available across the changing European landscape. We also offer a full algo suite in Asia. | Yes | ||
![]() | NYFIX Millennium NIX Algorithms Brian Carr 646-525-3000 brian.carr@nyfix.com www.nyfix.com | A full suite of algorithmic trading strategies designed to improve trading performance, streamline workflow and effort, and optimize focus. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve. | Broker/Dealers: 80%, Hedge Funds: 10%, Mutual Funds: 10%, Proprietary trading desks: NA | No. | No. | No. | ||
![]() | Portware Portware Enterprise Jim Feingold, Global Head of Sales 212-425-5233 sales@portware.com www.portware.com | Portware LLC is a developer of broker-neutral, automated portfolio trading software for global equities, futures, options and FX. Portware provides highly integrated solutions to streamline workflow and increase operational efficiencies on trading desks worldwide. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop, Probing - Crossing Order Type | Broker/Dealers: 20%, Hedge Funds: 40%, Mutual Funds: 30%, Proprietary trading desks: 10% | Portware supports domestic and international equities, listed options, FX and Futures. | Yes. Portware is a global trading solution. Our algorithms can be deployed in any markets and we provide access to any broker, ATS, exchange or execution venue worldwide. | Yes. Portware integrates with over 10 providers of pre and post trade analytics packages and seamlessly integrates these analytics into real-time trading blotters. | ||
![]() | Pragma Adaptive Algorithmic Strategies David Margulies 212-897-0951 dmargulies@pragmatrading.com www.pragmatrading.com | Founded in 2003, Pragma is a New York-based financial services firm and an established provider of sophisticated and innovative trading solutions. A pioneer of both quantitative and tactical execution tools, Pragma’s suite of products includes the award-winning Onepipe, Lifeguard’s advanced order protection logic, Onecross - unique benchmark crosses, Peak solution for brokers, and a full suite of sophisticated adaptive single stock and portfolio execution strategies. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Probing - Crossing Order Type. | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | Pragma has a comprehensive suite of pre, post and real-time analytics. Our pre-trade product utilizes out own risk | ||||
![]() | Progress Software - Apama Progress Apama Chris Martins 781-280-4726 apamainfo@progress.com www.progress.com/apama | Progress Apama is a leading platform for building high frequency trading applications. The Apama platform offers flexible and powerful complex event processing (CEP) capabilities and broad market connectivity, together with tools to empower both buy- and sell-side firms to create and deploy unique trading strategies. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop, Probing - Crossing Order Type, Virtually any algorithm can be built within the Apama platform. | Broker/Dealers: 40%, Hedge Funds: 30%, Mutual Funds: NA, Proprietary trading desks: 30% | Apama supports trading or related applications (like market-making/pricing) in equities, FX, derivatives,and fixed income, and energy/commodities. Apama also supports cross-asset trading strategies. | Progress Apama is part of Progress Software and is available in North and South America, Europe, Middle East, Asia and Australia. We have customer deployments in all, including individual deployments that span multiple geographies. | Yes, such analytics can be built within the Apama platform or we can work with third party tools. | ||
![]() | Rosenblatt Securities Rosenblatt Execution Algorithmic Logic (REAL) Joseph Gawronski 212-607-3110 jgawronski@rblt.com http://rblt.com | Rosenblatt Securities is an innovative agency-only execution firm providing clients with access to best-of-breed algorithms that give the trader customized solutions and real-time interactivity. In addition, we advise clients on the appropriate type of algorithms to select consistent with their overall investment process through the application of our Rosenblatt Integrated Transaction Analytics (RITA) product. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop, Probing - Crossing Order Type | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | No. | Yes, developed markets. | Yes, via our proprietary suite of analytics. | ||
![]() | Tethys Technology, Inc. Execta Premium Mary Cogger 212-509-5602 mary.cogger@tethystech.com www.tethystech.com | Tethys is a leading provider of high performance, global, multi-asset class trading software and analytics. Our Execta execution management and strategy automation platform offers unique flexibility, scalability and high performance systematic execution. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Trailing stop | Broker/Dealers: 30%, Hedge Funds: 50%, Mutual Funds: 10%, Proprietary trading desks: 10% | Options, Futures and Forex. | Globally for futures and foreign exchange. U.S. and European for equities. | Extensive real-time pre-trade, live and post trade Transactions Cost Analysis module incorporating sophisticated algo choice capabilities. | ||
![]() | Thomson Reuters Thomson Reuters Trading for Exchanges (RTEx) Thomas Venezia, Senior Vice President - Global Head of Transactions, ETI 646-223-7742 thomas.venezia@thomsonreuters.com http://financial.thomsonreuters.com/rtex | Thomson Reuters Trading for Exchanges is a powerful, broker-neutral execution management system that gives you access to the latest trading models offered by a number of global broker dealers through a single interface. It allows you to simplify your workflow and extend the power of your Thomson Reuters desktop by integrating multi-asset class trading with your comprehensive source of news, rich analytics and price discovery. | Varies by broker | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | Yes - all markets. | Yes | |||
![]() | UBS Investment Bank UBS Direct Execution 203-719 1750 de-sales@ubs.com www.ubs.com/directexecution | UBS Direct Execution is the firm’s global institutional electronic trading business. Direct Execution offers Direct Market Access (DMA), a suite of advanced Algorithmic Trading strategies, an execution management system called UBS Pinpoint, and a web-based analytics platform called UBS Fusion. A comprehensive offering, UBS Fusion provides clients with a flexible set of pre-, at-, and post trade analytics and tools, including Real-Time TCA. For more information, go to www.ubs.com/directexecution. | Limit order, Market order, Constraints, Ability to speed up or slow down at different constraints, Discretion, Pegging, Single-stock, Market on open, Market on close, Reserve, Stop market, Stop limit, Probing - Crossing Order Type | Broker/Dealers: NA, Hedge Funds: NA, Mutual Funds: NA, Proprietary trading desks: NA | Yes, we also offer algorithms for futures and listed options trading. | UBS algorithms are available in the United States, Canada, Europe, the Middle East, South Africa and across Asia-Pacific. | We provide real-time, pre- and post-trade analysis through UBS Fusion, our trading analytics platform. With real-time analysis, clients get continuously updated information while orders are still active. |
Popular Articles
- The Top 10 Quant Schools, According to the Street
- Exposing the Identity of Dark Pools in Real Time Could Hurt Institutional Traders
- An Order Cancellation Tax on HFT Would Curtail Deceptive Quoting
- Breaking it Down: An Overview of High-Frequency Trading
- The Problematic Nature of New Short Selling Restrictions
- Deutsche Bank's Marques Is Focused on Developing Smarter Algos to Access Dark Liquidity
- Anatomy of a Buy-Side Trader
- High-Frequency Trading Shops Play the Colocation Game
- CFTC Wants 'Eddie Murphy' Rule in Senate Bill
- Nomura U.S. Hiring Spree Key to Global Ambition



