Macquarie Capital Securities Asia has joined the Charles River FIX network, allowing users of Charles River investment management system (IMS) to have direct access to Macquarie’s algorithmic product suite.
Macquarie currently offers more than 10 strategies across 7 markets in the Asia-Pacific region and will join over 35 algorithmic brokers offering over 300 algorithmic strategies on the Charles River network.
“In Asia’s fragmented marketplace, increasing trade efficiency while minimising market impact requires localised information and customisable trading tools,” said Cameron Field, managing director of Charles River’s Asia-Pacific arm, in a statement. “This interface will allow Charles River IMS clients to achieve better-than-market pricing and improve trading performance while maintaining complete control of the execution process.”