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| Home > Our Offering > Electronic Access & Trading > EdgeTrade Algorithmic Suite > Features & Benefits |
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Features & Benefits
Features
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Agency-only provider of industry-leading algorithmic trade solutions
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Smart Order Execution (SOE) technology
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Smart Order Execution Algorithmic Strategies
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FAN™ – Proactive and adaptive strategy that re-circulates orders to destinations where real-time trade executions occur
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Covert™ – Based on FAN, this algorithm is for traders who desire to only interact with liquidity in non-displayed markets,
particularly when the potential for negative exposure is of paramount importance. It posts and fills orders in dark pools exclusively.
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Sumo™ – An aggressive, time-sensitive strategy designed to complete trades quickly while minimizing market impact and information
leakage. Sumo is a preferred solution to a typically unshielded market order.
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Benchmark Algorithms
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Arrival Price (Optimizes trade horizon to limit market impact)
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VWAP (Volume-Weighted Average Price)
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TWAP (Time-Weighted Average Price)
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Participation Algorithms
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Volume Tracker (Utilizes volume as a benchmark)
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Liquidity Paced (Flexible to specific urgency levels)
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Benefits
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No information leakage
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Mitigation of adverse price movement
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Managed access to significant displayed and non-displayed venues
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Customized algorithm development by industry-leading team
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Single ticket clearing
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