07.25.2017

TS Adds Multi-Leg Algorithm

07.25.2017

Trading platform provider TS has elected to integrate Quantitative Brokers’ Legger multi-leg spread-trading algorithm into its TradeSmart platform, according to officials from both companies.

Legger is a part of Quantitative Brokers’ suite of four premium futures and fixed income algorithms, and deploying Legger empowers traders to coordinate the execution of multiple order legs to achieve a synthetic price target. Legger joins QB’s Bolt, Strobe, and Closer to further enhance TradeSmart’s customizable trading capabilities.

“TS’s TradeSmart platform is advanced daily by our talented team anticipating the new and next for the buy side,” said Quentin Limouzi, Head of Sales for TS. “Because of this work, we can deliver the Legger algo to futures traders around the globe and build upon TradeSmart’s continual expansion of offerings, which now includes all of Quantitative Brokers’ proprietary algorithms.”

“QB’s algorithms are specifically engineered for the futures and fixed income markets and employ innovative techniques to solve challenging execution problems for our clients,” said Guy Cirillo, Head of Partnerships Sales at QB. “TradeSmart OEMS has the technological capability and advanced GUI to handle QB’s premium algos such as Legger, providing clients access to the best of trading execution and management on one platform.”

Operating in the cloud for nearly two decades, TS is a leading expert on SaaS trading technology. TradeSmart OEMS offers workflow efficiency and seamless integration with the buy-side, connecting with markets globally and providing traders the access and information they need to optimize their trading performance.

In addition to their algorithms, which are designed to respond dynamically to market indicators for trade optimization, Quantitative Brokers offers data analytics and TCA for clients to further help them achieve best execution — pushing the boundary on capabilities in electronic trading.

HSBC AI Markets harnesses natural language processing to meet market participants’ trading and hedging needs, from pre-trade analysis, to execution, to post-trade. Markets Media caught up with Tom Croft to learn more about the platform.

#AIMarkets

“Portfolio trading is a massive improvement in efficiency.”

What impact do you think portfolio trading will have on the future of bond market structure?

#PortfolioTrading #Trading

Asset owners are investing heavily in data, from AI to ESG to real-time tools.
What’s the top priority for the data suite? 👇

#AssetOwners #FinTech #AI #ESG #Data

At #TradeTechFX Barcelona this week, LMAX Group Managing Director of Digital Assets, Jenna Wright, joins @TheBondDESK @marketsmedia to discuss how FX desks are adapting to the rise of digital assets.

She’ll explore market convergence, regulation and the investor opportunities…

Load More

Related articles

  1. There was a 34% improvement in predicting how likely a trade would be filled at a quoted price.

  2. Execution algorithms are a growing share of global spot FX, particularly among buy-side firms.

  3. Demand for state-of-the-art execution algorithms in FX is growing rapidly.

  4. FCMs Promote Algorithmic Trading

    There was a 75% year-over-year increase in daily principal traded.

  5. FCMs Promote Algorithmic Trading

    SmartDark features prioritized routing to venues with larger executions sizes and better price stability.

We're Enhancing Your Experience with Smart Technology

We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] Please review our updated Terms & Conditions and Privacy Policy carefully. By continuing to use our services after Aug 25, 2025, you agree to these

Close the CTA