TradingScreen, a provider of multi-broker, multi-product trading platforms with straight-through-processing, have announced the integration of Credit Suisse’s Advanced Execution Services (AES) algorithmic trading strategies for the listed futures markets into TradingScreen’s full suite of trading products (TradeSmart, TradeExcel, TradeFIX, etc…).
“A natural evolution to our offering in algorithmic trading for equities is to extend this service across the other asset classes,” says Michael Chin, global head of sales, TradingScreen. “We are excited that Credit Suisse is the first broker on our system to integrate their algorithmic trading strategies for futures. With this integration, clients will have the ability to direct trades to Credit Suisse across futures and equities using the same front-end – accessing Credit Suisse’s full range of global connectivity, whether it is DMA, discretionary or algorithmic,” he adds.
Credit Suisse’s AES for Futures offering is incorporated into TradingScreen’s FuturesHUB product. FuturesHUB permits buy-side clients active in listed derivatives to use the same platform and ergonomics across brokers, products and exchanges with one single screen and connection. FuturesHUB allows a client to access and choose among various brokers, all visible on the same screen, while maintaining the same connectivity, ergonomics, position, P&L and post-trade allocation system.
“FuturesHUB is resolving one of the most difficult issues faced by the buy-side client – trading futures and options electronically,” says Philippe Buhannic, president and CEO, TradingScreen. “This has been extremely difficult until now, due to the multiplicity of screens and the complexity of post trade management which results from it. Clients can now leverage the connectivity, strategy tools and standardised STP output of TradingScreen while accessing the leading brokerage players on a single screen,” he adds.