With the hiring of data scientists, advances in cloud computing, and access to open source frameworks for training machine learning models, AI is transforming the trading desk. Already the largest banks have rolled out self-learning algorithms for equities trading.
With the proliferation of algorithms in currency markets and regulatory pressure to prove best execution, buy-side trading desks are adopting algorithms to source liquidity and lower trading costs in FX trading.
While the concept of big data has focused on the problem of collecting and processing vast quantities of data i— the trend is moving toward data analytics.
As asset managers become more data-driven in their analysis of execution quality, they are reallocating order flows among their broker-dealer relationships at a faster pace.
FlexTrade today announced the rollout of FlexAlgoWheel, the next generation, data-driven interface to algo selection that incorporates real-time internal and external inputs as well as TCA to optimize the broker and algo selection process.
Stop by FlexTrade’s booth # 7 for information and a demonstration of our sell-side, multi-asset EMS and OMS trading solutions. Experience how the solutions trade and process equities, portfolios, ADR’s, FX, ETFs, futures and options.
FX Week Chooses FlexTrade Systems as Best Trading Technology Vendor for 2016. FlexTrade’s David Ullrich and Peter Bondesen comment.
Markit today announced that it has integrated its transaction cost analysis (TCA) data into FlexTrade’s FlexTRADER EMS platform, a multi-asset portfolio and single security trading system.
Sell-side brokers, asset managers and institutional investors are all increasingly using transaction cost analysis to reduce costs and improve regulatory compliance. Global Investor’s Paul Golden investigates. FlexTrade’s Andy Mahoney comments.
It’s no secret that institutional traders are utilizing transaction cost analysis (TCA) for equities trading as a tool for measuring execution quality and reducing slippage against trading benchmarks. But now that TCA has matured in equities, the question is where is TCA moving next?