Once the fight for new regulations settled down, an unintended victor has emerged: the data and data systems used by today's traders.
RTS Realtime Systems is now offering traders an analytics package to its algorithmic trading platform that is aimed at increasing alpha capture and efficiency, as well as giving them the ability to tailor their own algos.
FXCM and a subsidiary purchased five trading desks and will take on 48 employees, while the rest of Infinium is being shut.
Commissions may be down 19 percent but the buyside is adapting to address the gaps with the sellside, according to a new report by Tabb Group.
The agency-only broker's newest algorithm is designed to assist the buyside's desire to provide liquidity to the market rather than take it.
Rebirthed KCG Holdings is integrating Knight Capital's and GETCO's electronic trading groups and products and integrating them into a single trading platform.
KCG Holdings is looking to become a bigger player in the electronic execution business.
With Autobahn Options, Deutsche Bank hopes to address the needs of options traders who are looking for new trading formulas.
Big brokers began offering foreign-exchange trading algorithms five years ago, and now all the major players have an offering. Now a vendor is hoping to upend the status quo with a suite of algorithms it claims will offer better execution.
Wolverine Execution Services adds two new volume weighted average price algorithms where users can lengthen the duration of their orders.
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