Yesterday Credit Suisse announced that its algorithmic trading business, Advanced Execution Services (AES) has begun trading in seven new markets. The addition of Mexico, South Africa, Czech Republic, Greece, Hungary, Malaysia, and Canada's Venture Exchange will make AES available in 32 markets via over 50 trading platforms.
"This expansion demonstrates the ability of AES to provide enhanced execution results in an increasing range of market environments," says Richard Balarkas, managing director and head of AES sales, Credit Suisse. "Clients can have confidence that as we expand into new markets, the integrity that underpins AES performance will remain intact."
The seven new markets were developed by AES quantitative and development teams throughout the globe, and build upon AES's international trading experience. Algorithms were created and supported for the Mexico and Canada markets by the New York AES office, for the Malaysia market by the Hong Kong office, and for South Africa, Czech Republic, Greece, and Hungary's markets by the London office.