Algorithmic Trading Archive

September 16, 2011

Credit Suisse hires ex-Daiwa trading head in Japan

Credit Suisse has appointed Michael Mollemans as head of Advanced Execution Services for Japan. read more>

September 16, 2011

Weeden summons Ghost to scare off predatory flow

US institutional broker Weeden has partnered with technology company Pragma to release Ghost, a new algorithm built to patiently work an order using a stock's price action as a primary driver for its execution speed. read more>

September 08, 2011

ConvergEx dark algo pulls together European, Asian liquidity

US technology provider and agency broker ConvergEx Group has upgraded its global liquidity-seeking algorithm, Darkest, to enable users to simultaneously access European and Asian dark liquidity through a single order. read more>

August 31, 2011

BarCap to roll out LMX algos in Asia starting October

BarCap to roll out LMX algos in Asia starting October

Barclays Capital is bringing its dark liquidity offering, LX Liquidity Cross, and smart router technology to Japan and plans to roll out its LMX next-generation trading platform in Asia starting from Q4, said Michael Kim, head of equity electronic trading, Asia Pacific. read more>

August 22, 2011

Western HFTs flock to Korea

Korean brokerage Samsung Securities has joined technology firm Orc Group's ExNet broker connectivity network, to meet demand from US and European high-frequency traders for access to the Korea Exchange. read more>

August 10, 2011

Buy-side scales back algo use amid uncertain markets

Buy-side scales back algo use amid uncertain markets

The extreme volatility that has recently rattled global markets has led to some buy-side traders abandoning algorithms altogether through fear of being gamed by high-frequency trading firms. read more>

August 08, 2011

Information is power

The evolution of market structure has introduced new dangers that leaves buy-side traders at risk of being gamed if they do not have the tools to protect their order flow. read more>

August 02, 2011

New SocGen algo highlights information leakage risks

New SocGen algo highlights information leakage risks

French investment bank Société Générale has announced the details of Eclipse, its new liquidity-seeking algorithm, which analyses the quality of liquidity that can be found in dark pools. read more>

August 01, 2011

Morgan Stanley adds fixed income and futures to MS PORT

Morgan Stanley Electronic Trading has adapted the risk-balanced strategies of MS PORT, its multi-asset-class portfolio execution algorithm, for the fixed income and equity futures markets. read more>

July 26, 2011

Morgan Stanley enables transatlantic portfolio trading

Morgan Stanley has extended the functionality of MS PORT, its multi-asset-class portfolio execution algorithm, to allow trading of stocks in the Americas and Europe across a single portfolio. read more>