12.12.2018

BTIG Debuts Real-Time Trade Analytics Platform

12.12.2018

BTIG, LLC has launched a real-time trade analytics platform for its TradeSave™ – electronic trading clients. The new technology highlights venue utilization and generates critical trade metrics so clients can verify best execution. Its predictive analytics and post-trade data points help improve algorithm routing decisions and market timing selections for orders executed by BTIG’s platform.

BTIG is increasingly investing in technology and other data visualization tools, which offer clients additional transparency into their executed orders. “Addressing the broader themes of the regulatory environment and the transparency mandates worldwide issued by MiFID II and the SEC’s amendment to Rule 606, we are continuing to develop better tools for clients to interact with us and the greater global market,” said Anthony Brown, Co-Head of TradeSave™. “The platform provides clarity into client performance and offers users the ability to dynamically adjust their orders in real time.”

Built by BTIG’s team of financial engineers and available via the firm’s proprietary client portal, the latest technology features the real-time feedback required to intelligently modify orders intraday. Whether clients are analyzing their trade diagnostics on their own or engaging with one of BTIG’s electronic execution consultants to support them, BTIG’s platform is helping users make more informed trading decisions. Metrics available include routing selections segregated by dark and lit venues, volume participation rate, pricing, spreads and performance versus benchmarks.

“Designed for the specific needs of buy-side traders and portfolio managers, BTIG’s real-time analytics platform allows clients to more efficiently monitor their trades and engage with coverage teams,” said Joe Tartoni, Co-Head of TradeSave™. “We continue to offer what we believe to be a best-in-breed product tailored to the needs of institutional investors, and we feel confident that our clients will benefit from increased transparency.”

TradeSave™ is part of the firm’s comprehensive suite of high-touch and low-touch trade execution options. Combining advanced technology with premier customer service, BTIG’s TradeSave™ division delivers highly-effective, state-of-the-art electronic trading solutions. Incorporating the latest in artificial intelligence and machine learning, BTIG provides proprietary liquidity-seeking strategies, benchmark algorithms, alpha capture strategies, smart order routing, as well as direct market access to all major North American exchanges and ATSs.

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