TradingScreen Teams Up with Quantitative Brokers for Best Execution Algos

TradingScreen, a provider of SaaS solutions for the financial markets, and Quantitative Brokers (QB), a provider of clearer and dealer-neutral agency algorithms for fixed income and futures markets, have joined forces to provide QB's best Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term algorithms via TradingScreen’s electronic Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term.

Our global multi-asset trading platform has evolved to support complex multi-asset order types.

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Included in the partnership deal are Bolt and Strobe algorithms for outright and listed spread execution, as well the Legger algorithm for customisable intra/inter-exchange, multi-leg order type execution.

Pierre Schroeder, Interim CEO of TradingScreen, commented on the new partnership: "Our global multi-asset trading platform has evolved to support complex multi-asset order types, through our direct market access exchange links, broker algorithm integration and our proprietary strategy framework. The growth of our relationship with Quantitative Brokers through the integration of their outright, listed spread, and multi-leg futures algorithms, will allow our customers superior trading workflows in their quest for best execution.

Integrating QB's fixed income and futures suite of algorithms into TradingScreen's execution management platform will offer the buy-side enhanced precision around the quality of execution. QB's experience of complex market behaviour and the use of finely tuned real-time historical data to fulfill orders will allow clients to efficiently achieve and measure best execution."

Enhanced Precision

Christian Hauff, CEO of Quantitative Brokers, added: "Firms are increasingly looking to trade across multiple asset classes and, as a result, are seeking more consolidated trading platforms that have access to multiple markets. With this partnership, clients will benefit from the diverse offering of TradingScreen's execution management platform, while reaping the benefits of QB's algorithmic suite and TCA solutions."

Finance Magnates last reported on TradingScreen in November 2015 after the company launched its Market Surveillance Tool, designed to monitor a variety of manipulation scenarios, including spoofing, flashing front running and pinging, with a special focus on listed derivatives.