07.25.2017
By Rob Daly Editor-at-Large

TS Adds Multi-Leg Algorithm

07.25.2017 By Rob Daly Editor-at-Large

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.

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