Financial Institutions Seek Ever More Advanced Trading Platforms to Gain Competitive Edge

Sophisticated trading tools are rising in demand for lowering transaction costs, discovering hidden liquidity located amongst abundant data volumes and generating superior returns, whilst maintaining a view of risk management. Algorithms provide a way for institutions to break down large orders into...

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Bibliographic Details
Published inBusiness Wire
Format Newsletter
LanguageEnglish
Published New York Business Wire 09.11.2006
Subjects
Algorithms
Automation
Competition
Competitive advantage
Financial institutions
DUBLIN, Ireland
Online AccessGet full text

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Summary:Sophisticated trading tools are rising in demand for lowering transaction costs, discovering hidden liquidity located amongst abundant data volumes and generating superior returns, whilst maintaining a view of risk management. Algorithms provide a way for institutions to break down large orders into smaller lots to obtain the best possible price without significantly increasing the stock price. This solution is by no means exhaustive and must be cautiously managed. Algorithms are increasingly being seen as a necessary tool to help achieve best execution