Algorithmic Trading Archive

Risk controls to prevent erroneous trades are not being properly implemented, with runaway algos more common than first thought, according to new research from the US Federal Reserve. read more>

Knight Capital, a US brokerage, has appointed a new head for its Knight Direct algorithmic trading unit to replace outgoing managing director Joe Wald. read more>

The Advanced Execution Services division of Credit Suisse has relaunched its liquidity-seeking algorithm Guerrilla in Asia in light of changes to the market and trends in buy-side requirements. read more>

Block crossing venue provider Liquidnet has begun the European rollout of Liquidnet Dark, its dark aggregation algorithm, to buy-side clients after 18 months of testing. read more>

Now more than ever, brokers need to justify their existence to their buy-side clients. Adding some extra nous when it comes to how and when to use algorithms could be the answer. read more>

Following the temporary suspension of Knight Capital Americas' market making activities from NYSE Euronext after a US$440 million software glitch, the exchange will return the broker’s responsibilities Monday 13 August. read more>

Agency broker ITG has added an overlay to its Hedge Pro algorithmic strategy which lets users better manage portfolio risk. read more>

Société Générale is rolling out new algo functionality that lets institutional investors improve execution performance by avoiding high-frequency trading strategies. read more>

Deutsche Bank Autobahn Equity has released a new algo that lets buy-siders efficiently and effectively seek liquidity in the closing auction of US markets. read more>

More than 100 buy-side traders have shared their views on algorithmic trading in Asia as part of the latest instalment of The TRADE’s longstanding Algorithmic Trading Survey, showing a marked increase in the take-up of electronic trading in the region. read more>