Credit Suisse has launched its algorithmic trading business, Advanced Execution Services (AES) in seven new markets: Canada’s Venture Exchange, the Czech Republic, Greece, Hungary, Malaysia, Mexico and South Africa.
This means the service - a suite of algorithmic trading strategies, tools and analytics for global securities trading - is available in 32 markets via more than 50 trading platforms, says the bank.
Credit Suisse says its institutional clients use AES to help them reduce market impact, improve performance versus benchmarks and add consistency to their trading process.
The Mexico and Canadian Venture algorithms were created and supported by the New York AES office, Malaysia by Hong Kong, and the Czech Republic, Greece, Hungary and South Africa by London.
AES support and service is available continuously from Monday morning in Tokyo until Friday evening in New York.
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