02.25.2016

Clearpool’s Autonomy™ Named “Best Algorithmic Trading Platform” at the Annual Markets Choice Awards

02.25.2016

NEW YORK–(BUSINESS WIRE)–Clearpool Group today announced that Autonomy™, its private label algorithmic trading platform launched in February 2015, was selected as “Best Algorithmic Trading Platform” at the Markets Choice Awards, an event hosted last night in New York by Markets Media. Clearpool is a next-generation, electronic trading software development and agency execution business; its clients are the institutional sell-side and professional trading firms.

Clearpool Group’s Autonomy Named “Best Algorithmic Trading Platform” at the Annual Markets Choice Awards

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“We’re honored to receive this recognition because it represents direct input from market participants,” said Clearpool Group CEO, Joseph Wald. “Autonomy is truly a category breakthrough in the private label algorithmic trading space, and a great deal of effort by our technology team has gone into making it an offering that completely re-thinks how a trader can exercise complete control over their algorithms and benefit from full transparency into the routing and execution process.” Since its introduction last year, Clearpool has on-boarded 75 new clients of Autonomy.

Web-based Autonomy obviates the need for end-user development or a large investment in infrastructure by the client. Included with Autonomy are liquidity sourcing, schedule driven and dynamic/adaptive strategies, as well as agency executions across exchanges including dark and lit centers. Autonomy enables the sell-side to easily customize strategies, and deliver value and service in meeting the discrete trading and execution requirements of buy-side clients. Further control may be achieved by traders as they utilize Autonomy to select their own execution and order routing protocols, and provide a level of transparency their clients demand.

“While we do not solicit the buy-side,” said Clearpool Group President, Brian Schaeffer, “they are hearing about Autonomy, talking with us and subsequently leaning on their sell-side relationships to take a closer look at the technology.”

Autonomy was highlighted in a December 2015 report by Aite Group: “White-Label Execution Services: Next-Generation Vendors Fill the Gap”. A free copy may be obtained at the Clearpool home page: www.clearpoolgroup.com.

The annual Markets Choice Awards is produced by Markets Media, an editorial and events business focused on the capital markets, the institutional buy-side, sell-side and industry vendors. Each year, the Markets Media editorial team identifies credible candidates for the Markets Choice Awards via online submissions from its readership, as well as interviews with senior market participants. Further consultations with the Markets Media Advisory Board winnows the field to the most deserving recipients. The Markets Media Advisory Board is a select group of individuals across the institutional buy-side and sell-side.

About Clearpool Group

Founded in 2012 and based in New York, Clearpool Group, Inc. is a trading software and execution innovator for an evolving equity market microstructure and competitive landscape. Clearpool develops state-of-the-art electronic trading solutions and operates an independent agency broker-dealer. Clearpool Group’s clients are institutional broker-dealers and professional trading firms. www.clearpoolgroup.com

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