markets.com acquires certain assets of Strategy Runner from MF Global

markets.com which has been pretty aggressive in terms of broker acquisitions (Finexo and ForexYard to name a few) is now making a step into the technology arena by acquiring certain key assets and employees of Strategy Runner. Strategy Runner itself was acquired by MF Global for $3.75million just few weeks before the collapse.

It seems markets.com is beginning to assemble a major development team perhaps in order to develop its own platform or additional products which it is interested to keep proprietary. The deal with Strategy Runner makes sense as in terms of price markets.com paid just a fraction of what MF paid only couple of months ago and in terms of technological know-how, especially in platform development and Algo Trading Algo Trading Algo trading, sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution. Approximately 60% of all trades were executed by computers in 2010. Today, algo tra Algo trading, sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution. Approximately 60% of all trades were executed by computers in 2010. Today, algo tra Read this Term, there's no doubt that it's a great deal. Strategy Runner people who only few months ago celebrated the sale (albeit it wasn't really a successful exit) were now saved again although compensation packages will certainly be much less than MF's.

Strategy Runner is a combination of an advanced charting package and a strategy Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term where a retail trader can pick from hundreds of trading strategies – mainly for the futures industry. It’s a very interesting deal for MF, especially given the announced price, the question is how will dozens of Strategy Runner clients react to these news. Having met the Strategy Runner team sometime ago I can only say that MF has invested here not only in technology but also in great people.