03.25.2021

oneZero Releases Algorithmic Pricing Module

oneZero, a global leader in multi-asset enterprise trading technology solutions, today released the Algorithmic Pricing Module, an advanced price creation tool which facilitates the formation of  customised pricing for each recipient, utilising brokers’ own data constructs and algorithms.

There are many factors beyond traditional market data inputs that affect how brokers formulate their pricing to clients.  While oneZero has previously offered a robust set of tools to facilitate out-of-the-box capabilities for price creation, the new Algorithmic Pricing Module gives brokers the ability to construct a price using their own proprietary algorithms which can access market data,  market risk positions and other information which is unique to them.  

This powerful addition to the oneZero Institutional Hub empowers more sophisticated clients to fine tune their pricing function, taking relevant parameters through a combination of API inputs and exposed user-defined settings.  Utilising the Algorithmic Pricing Module, clients are now able to create a truly bespoke price.

oneZero’s Algorithmic Pricing Module offers a coding interface that feeds directly into the heart of the company’s recently unveiled Institutional Hub.  It enables clients to insert their own native code for greater control of the elements used and the construction of the price algorithms which run in real time  on the same hardware as their oneZero Hub to maximize performance. As an additional benefit, brokers need not expose proprietary processes, allowing them to maintain their edge in a crowded market.  

oneZero CEO Andrew Ralich commented: “The initial response to this module has been staggering. Clients are already developing  applications previously not  thought possible, including the construction of new and innovative derivative product offerings whose prices can be perfectly calibrated for the intended end user. For institutional clients, enabling protection of their unique ‘secret sauce’ and providing the ability for the customer to make real time changes to their pricing strategy to be responsive to market dynamics  was something oneZero was keen to offer.”

Source: oneZero

Related articles

  1. SEC Has MIDAS Touch

    Institutions are prioritizing dark liquidity in their selection of algo providers.

  2. Agency broker moves beyond execution to offer a broader suite of services.

  3. Algorithms have become more prevalent in the spot FX market.

  4. Congress Unlikely to Act on HFT

    QB’s Algo Suite for futures market trade execution is also being co-located to HKEX.

  5. Breaking data silos is key to deploying automation beyond 'nuisance' orders.