Do not invest more money than you can afford to lose.
Independent liquidity and trading technology provider TradingScreen announced it has struck up a partnership with Quantitative Brokers, a provider of clearer and dealer-neutral agency algorithms. Under the new deal TradingScreen’s electronic trading platform will provide Quantitative Brokers’ best execution algorithms.
The suite includes the Bolt and Strobe algorithms for outright and listed spread execution, as well the Legger algorithm for customizable intra/inter-exchange, multi-leg order type execution.
With their partnership, the companies are hoping to offer the buy-side enhanced precision around the quality of execution. The experience of Quantitative Brokers with market behavior and use of real-time historical data would allow customers to achieve best execution of their orders.
“Our global multi-asset trading platform has evolved to support complex multi-asset order types, through our direct market access exchange links, broker algorithm integration and our proprietary strategy framework,” said Pierre Schroeder, interim CEO of Trading Screen. “The growth of our relationship with Quantitative Brokers through the integration of their outright, listed spread, and multi-leg futures algorithms, will allow our customers superior trading workflows in their quest for best execution,” he added.
“Firms are increasingly looking to trade across multiple asset classes and, as a result, are seeking more consolidated trading platforms that have access to multiple markets,” said Christian Hauff, CEO of Quantitative Brokers. “With this partnership, clients will benefit from the diverse offering of TradingScreen’s execution management platform, while reaping the benefits of QB’s algorithmic suite and TCA solutions.”
TradingScreen is an independent provider of liquidity and trading investment technology. Its platform offers consolidated single platform for investment workflows for exchange-traded and OTC instruments. radingScreen provides global coverage from offices in Boston, Chicago, Geneva, Hong Kong, London, New York, Paris, São Paulo, Singapore, Sydney and Tokyo.
New York-based Quantitative Brokers is an independent broker-dealer, registered by the US regulator NFA and FINRA. It is also a provider of agency algorithms in US cash treasury and futures markets that is both clearer and dealer-neutral.