Algorithmic Trading

Options IT, a technology, infrastructure and connectivity provider, has added the Australian Securities Exchange (ASX) to the destinations that its hedge fund, prop trading and broker-dealer clients can access via its PIPE Velocity ultra-low-latency market connectivity service. read more »

Japanese investment bank Daiwa Capital Markets expects to launch a range of new services within the next six months following the choice of software provider GigaSpaces Technologies to support its electronic trading infrastructure in the Asia Pacific region. read more »

Algorithms from Knight Direct, the direct market access arm of US-based sell-side firm Knight Capital, will soon be available via the Orc ExNet broker connectivity network. read more »

Agency broker Bloomberg Tradebook says it has reached exclusive arrangements with a number of dark pool operators to deliver “full transparency and visibility” of executions to users of its new B-Dark algorithm. read more »

Exclusive Quantitative Investment Management, a French quant investment firm, has selected OneMarketData, a US-based supplier of complex event processing technology, to help it build high-frequency trading strategies. read more »

Buy-side traders in Asia are experiencing wide variations in VWAP algorithm performance, with Hong Kong and Singapore faring worse than Japan, according to a study by trading platform provider and financial services firm Tora. read more »

Global financial services firm Deutsche Bank has launched an automated equity trading system in Hong Kong that allows client orders to be matched against other client and internal orders. read more »

Investment technology provider and agency broker ConvergEx Group plans to introduce a new tactical trading algorithm in Europe before the end of the year. read more »

Colt, a business communications and IT services provider, has launched two new trading networks in Europe, which it claims will operate at a significantly lower latency than other similar offerings. read more »

French banking group Société Générale's Corporate and Investment Banking unit is expanding its electronic trading service with the addition of a new liquidity-seeking feature to its Quantitative Electronic Services division. read more »