Sign In  |  Register  |  About Menlo Park  |  Contact Us

Menlo Park, CA
September 01, 2020 1:28pm
7-Day Forecast | Traffic
  • Search Hotels in Menlo Park

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

BTIG Electronic Trading Launches New Innovative Algorithmic Technology

BTIG Electronic Trading announced today that it has launched two new nodes within its algorithm engine. Trinity, a signal-based system provides short-term and long-term alpha signals within an AI framework; and Edges, which are unique decentralized trading systems that leverage a low latency infrastructure to independently access the market.

“AI signal-based decision making combined with our decentralized control processing allows our system to be more responsive to market conditions and less coupled to schedules. These technologies work together to increase passive fill rates, spread capture, and reduce implementation shortfall,” said Anthony Brown, Head of BTIG Electronic Trading. “The Edges are fed machine learning parameters generated intraday which trigger immediate, microsecond order adjustments based on slight changes in the market and/or the local quote, providing a significant tactical advantage over traditional systems,” Mr. Brown added.

These new capabilities are the culmination of an investment in research and engineering to expand BTIG’s low-touch business. BTIG has published a white paper highlighting details of these innovations and the results achieved. “We are singularly focused on delivering best execution for our customers and will continue tuning the system as the market micro-structure changes,” said Mr. Brown.

BTIG’s Electronic Trading business provides clients with intelligent electronic trading tools and an unbiased approach to low-touch execution. The firm’s agency-only platform delivers access to liquidity, transparency and flexibility for clients located around the globe. BTIG combines advanced technology with high-touch service to deliver highly effective electronic trading solutions.

About BTIG

BTIG is a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services. With an extensive global footprint and more than 750 employees, BTIG, LLC and its affiliates operate out of 23 cities throughout the U.S., and in Europe, Asia and Australia. BTIG offers execution, expertise and insights for equities, equity derivatives, ETFs and fixed income, currency and commodities (futures, commodities, foreign exchange, interest rates, credit, and convertible and preferred securities). The firm’s core capabilities include global execution, portfolio, electronic and outsource trading, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, commission management and more.

Disclaimer: https://www.btig.com/disclaimer. To learn more about BTIG, visit www.btig.com.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 MenloPark.com & California Media Partners, LLC. All rights reserved.