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.
More on Technology
Markup language could reduce high levels of operational risk
Sponsored feature: Northern Trust
Off-the-shelf energy trading and risk management (ETRM) systems are more popular than ever before, according to Energy Risk’s annual software survey. However, companies say they still require sig...
Structured Products Technology Rankings 2014
Sign up for Risk.net email alerts
Nominated for two technology awards
Nominated for post trade technology award
Sponsored webinar: Collateral and counterparty tracking
Isda directors warn on fragmentation, access and liquidity - but expect problems to pass
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.