Algorithms Are Coming to More Brokers and Buyside
Traders Magazine, December 2004
Two of the Street's biggest algorithmic trading houses are battling each other for broker dealer order flow. Banc of America Securities and Credit Suisse First Boston are offering algorithms - once only available to their institutional customers - to other broker dealers. BofA is marketing its proprietary EASE algorithms under the Algo-Connect banner. CSFB is offering derivatives of its AES algorithms under its Broker Dealer Plus program.
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