Algorithmic Trading Archive

A new report from agency broker ITG has highlighted a greater use of liquidity-seeking algorithms for US exchange-traded funds but notes that institutional trading of such instruments is surprisingly low. read more>

Citi has launched a suite of algorithmic and direct market access trading products designed for trading on the Turkish equities markets.  read more>

Fox River, the electronic trading solutions arm of financial technology provider SunGard, has released a US equity ‘dollar certain’ algorithm for trades executed according to US dollar value rather than number of shares. read more>

Wedbush Securities, a full service US brokerage and investment bank, has said 10 long-only investment institutions are using its new trading infrastructure that aims to put traditional buy-side firms on a level playing field with high-frequency trading (HFT) outfits. read more>

A new iPad app developed by UBS will dramatically cut down the time to market for new algorithms, according to Owain Self, global head of algorithmic trading at UBS. read more>

US buy-side traders could be adding unnecessary costs by micromanaging trades that could be better handled by algorithms, according to Nik Wislang, head of electronic trading at global investment management firm GLG Partners.  read more>

Off-the-shelf algorithms are now considered the “exception”, according to agency broker and technology provider ITG, with most buy-side firms insisting on customising strategies to suit their trading style. read more>

As the macro-driven investment environment of the past three years gives way to a more differentiated approach, the attention of the buy-side is turning to the vexed question of how to ease the constraints on the trading of small-cap names. read more>

The Securities and Exchange Board of India has revised its guidelines for algo trading and published the results of a ‘Review of Ownership and Governance of Market Infrastructure Institutions’, which opens up the possibility of Indian exchanges listing themselves on other bourses. read more>

Buy-side traders are demanding better transparency on order routing from their brokers, according to this month’s poll results on theTRADEnews.com. read more>