Algorithmic Trading

Global bank Morgan Stanley has launched MS PORT, a new multi-asset-class portfolio execution algorithm, in the US and Europe. read more »

Agency broker Bloomberg Tradebook has launched a suite of US options algorithms, called PegTo, which allow users to trade based on their view of whether certain option price measurements – known as greeks – are cheap or expensive read more »

Trading technology provider SunGard has integrated its smart order router (SOR) and algorithms with market data from low-latency data vendor QuantHouse. read more »

Investment bank Brown Brothers Harriman (BBH) has named Robert Lees head of securities lending trading and Richard Meek head of securities lending relationship management for the Asia-Pacific region – both based in BBH’s Hong Kong office. read more »

Agency broker Bloomberg Tradebook has released MTRX, an algorithm and supporting functionality for risk-based spread trading in the futures markets. read more »

Data vendor and trading technology provider Bloomberg has unveiled new analytics functionality for its BN Direct machine-readable news service. read more »

Trading technology provider UNX has connected Girard Securities, Goldman Sachs Electronic Trading (GSET), Mizuho Securities USA, Rosenblatt Securities and UBS Investment Bank to its trading connectivity network. read more »

ConvergEx Group, a US agency brokerage and trading technology provider, has released a new equities execution algorithm, Abraxas, which is designed to help traders manage challenging market conditions and handle difficult orders. read more »

Beta-Gamma Research, a provider of trading algorithms and automated trading software, has launched Trigger Trader, a customisable foreign exchange trading tool suite. read more »

US-based broking house Knight Capital Group has added Nordic stocks to its Knight Link equities trading platform in Europe and launched algorithmic pairs trading capabilities for buy-side clients in the US. read more »