UBS

UBS

Geographies and asset classes

Trading strategies and benchmarks

UBS offers
a range of algorithmic strategies. For options, these algorithms include
Delta Adjust, TWAP, Trigger, Scale Trigger, Premium Trigger, TapNow, Float and
Hidden. For futures these algorithms include VWAP, TWAP, Hidden, Float, Volume
Inline and Synthetic Spreads.

UBS
algorithms target a range of benchmarks including arrival price, VWAP and TWAP.
UBS has also developed instrument-specific strategies which leverage specific
price correlations in the equity-linked and underlying instruments.
UBS Options Delta Adjust and Trigger algorithms adjust their behaviour
based on the price movement in the underlying security. For futures, UBS’s Synthetic
Spreads strategy allows you to trade two contracts simultaneously based on a
defined relationship.

All UBS
algorithms are optimised for individual market microstructure across products
and exchanges, and UBS’s algorithmic trading development team constantly monitors
strategy, venue and market performance and adjusts models accordingly to ensure
optimal execution.

Access and functionality

UBS futures
and options algorithms are available via all major EMS/OMS platforms as well as
UBS’s proprietary platform UBS Pinpoint, or via any proprietary
system via FIX.

UBS options
algorithms in the US have access to a wide range of trading venues and employ
smart order routing as part of their execution logic. For futures, UBS accesses
all major exchanges worldwide and is constantly adding to its coverage.

Future development

UBS’s algorithmic development team is constantly developing new strategies
and monitoring existing strategies to ensure optimal performance. For futures,
UBS is developing a strategy for trading calendar spreads.