BTIG, LLCannounced that it has launched a real-time trade analytics platform for its TradeSave – electronic trading clients. The new technology highlights venue utilization and generates critical trade metrics so clients can verify best execution. Its predictive analytics and post-trade data points help improve algorithm routing decisions and market timing selections for orders executed by BTIGs platform.
BTIG is increasingly investing in technology and other data visualization tools, which offer clients additional transparency into their executed orders. Addressing the broader themes of the regulatory environment and the transparency mandates worldwide issued by MiFID II and the SECs amendment to Rule 606, we are continuing to develop better tools for clients to interact with us and the greater global market, saidAnthony Brown, Co-Head of TradeSave. The platform provides clarity into client performance and offers users the ability to dynamically adjust their orders in real time.
Built by BTIGs team of financial engineers and available via the firms proprietary client portal, the latest technology features the real-time feedback required to intelligently modify orders intraday. Whether clients are analyzing their trade diagnostics on their own or engaging with one of BTIGs electronic execution consultants to support them, BTIGs platform is helping users make more informed trading decisions. Metrics available include routing selections segregated by dark and lit venues, volume participation rate, pricing, spreads and performance versus benchmarks.
Designed for the specific needs of buy-side traders and portfolio managers, BTIGs real-time analytics platform allows clients to more efficiently monitor their trades and engage with coverage teams, saidJoe Tartoni, Co-Head of TradeSave. We continue to offer what we believe to be a best-in-breed product tailored to the needs of institutional investors, and we feel confident that our clients will benefit from increased transparency.
TradeSaveis part of the firms comprehensive suite of high-touch and low-touch trade execution options. Combining advanced technology with premier customer service, BTIGs TradeSave division delivers highly-effective, state-of-the-art electronic trading solutions. Incorporating the latest in artificial intelligence and machine learning, BTIG provides proprietary liquidity-seeking strategies, benchmark algorithms, alpha capture strategies, smart order routing, as well as direct market access to all major North American exchanges and ATSs.
