Free Site Registration

Tackling Portfolio Trading with Algos

Two New Players Get into the Game

Traders Magazine, March 2007

Nina Mehta

Trading entire portfolios with algorithms is not high on the buyside's to-do list, but that isn't stopping brokers and vendors from developing technology to make it possible. Agency brokerage Instinet and technology firm FlexTrade Systems recently joined a growing list of broker-dealers deploying algorithms to analyze and trade hundreds of stocks at a time. "More buyside firms have taken active control of their portfolios, and more trading decisions are moving in-house," says Vijay Kedia, president of FlexTrade. "A buyside firm now doesn't have to expose an entire portfolio to a sellside firm to leverage a portfolio-level algorithm."

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?