TradingScreen Integrates Credit Suisse's Algorithmic Trading Tactics for Listed Futures.TradingScreen is the First External Vendor to Offer Credit Suisse's AES Futures Algorithms through Its FuturesHUB Product NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- TradingScreen Inc., the leading provider of multi-broker, multi-product trading platforms with straight-through-processing, today announced the integration of Credit Suisse's AES (Advanced Execution Services) Algorithmic Trading Algorithmic Trading A trading system that utilizes very advanced mathematical models for making transaction decisions in the financial markets. The strict rules built into the model attempt to determine the optimal time for an order to be placed that will cause the least amount of Strategies for the listed futures markets into TradingScreen's full suite of trading products (TradeSmart, TradeExcel, TradeFIX, etcO). "A natural evolution to our vast offering in Algorithmic Trading for Equities is to extend this service across the other asset classes," says Michael Chin, Global Head of Sales at TradingScreen. "We are excited that Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. is the first broker on our system to integrate their Algorithmic Trading Strategies for Futures. With this integration, clients will have the ability to direct trades to Credit Suisse across Futures and Equities using the same front-end - accessing Credit Suisse's full range of global connectivity, whether it be DMA (1) (Digital Media Adapter) See digital media hub. (2) (Document Management Alliance) A specification that provides a common interface for accessing and searching document databases. , Discretionary or Algorithmic." AES is Credit Suisse's award winning suite of algorithmic trading services. Widely regarded as the industry leader in algorithmic trading, AES delivers enhanced execution performance to money managers at a competitive price and guarantees against any information leakage Information leakage happens whenever a system that is designed to be closed to an eavesdropper reveals some information to unauthorized parties nonetheless. For example, when designing an encrypted instant messaging network, a network engineer without the capacity to crack your regarding clients or their trading activity. Surveys show that AES is a leader in market share for algorithmic trading, and the service has collected over 20 # 1 awards in a wide range of surveys since its introduction in 2002. Extending Trading Screen's existing equity coverage of AES for equities into listed futures is another step forward in Credit Suisse's mission of enabling access to AES through as many trading venues as possible. Credit Suisse's AES for Futures offering is incorporated into TradingScreen FuturesHUB product. FuturesHUB permits buy side clients active in listed derivatives to use the same platform and ergonomics ergonomics, the engineering science concerned with the physical and psychological relationship between machines and the people who use them. The ergonomicist takes an empirical approach to the study of human-machine interactions. across brokers, products and exchanges with one single screen and connection. FuturesHUB allows a client to access and choose among various brokers, all visible on the same screen, while maintaining the same connectivity, ergonomics, position, P&L and post trade allocation system. FuturesHUB also supports phone orders, and is backed by the global 24 hour, 6 days a week customer support and reliant infrastructure, for which TradingScreen is known. There are already 19 brokers offering their services through FuturesHUB, and the number is rapidly growing. "FuturesHUB is resolving one of the most difficult issues faced by the Buy Side client: trading futures and options electronically. This has been extremely difficult until now, due to the multiplicity of screens and the complexity of post trade management which results from it," says Philippe Buhannic, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of TradingScreen. "Clients can now leverage the connectivity, strategy tools and standardized STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;. output of TradingScreen while accessing the leading brokerage players on a single screen. FuturesHUB provides a winning combination." For more information about TradingScreen and its offering, or to request a demo, please contact TradingScreen at:
US Sales: +1 212-359-4100
European Sales: +44 (0) 207 149 3100
Asia Pacific Sales: +852 2251 8240
Japan Sales: +81 (3) 3568-2022
Or email us at sales@tradingscreen.com ABOUT TRADINGSCREEN: TradingScreen Inc. is accelerating the technical evolution of the financial markets by providing a fully integrated, customer-oriented trading service platform to institutional investors. The proprietary TradingScreen platform links institutional investors and sell side firms together to facilitate order routing, execution management, clearing, and additional value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services, such as real straight through processing In financial technology, the ability to process a stock transaction by computer from beginning to end without manual intervention at any of the stages. and prime brokerage Prime Brokerage A special group of services that many brokerages give to special clients. The services provided under prime brokering are securities lending, leveraged trade executions, and cash management, among other things. enabling across all asset classes. TradingScreen provides global coverage from offices in New York, London, Paris, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and Tokyo. Further information can be found at www.tradingscreen.com. ABOUT ADVANCED EXECUTION SERVICES[R] (AES): Advanced Execution Services[R] is Credit Suisse's award-winning suite of algorithmic trading strategies, tools, and analytics for global equity trading In finance, equity trading is the buying and selling of company stock shares. Shares in large publicly-traded companies are bought and sold through one of the major stock exchanges, such as the New York Stock Exchange, London Stock Exchange or Tokyo Stock Exchange, which serve as . AES helps more than a thousand institutions and hedge funds reduce market impact, improve performance versus benchmarks, and add consistency to their trading processes. AES created a new category on Wall Street with its successful launch in 2001, and innovation remains its greatest strength. The AES team is dedicated to a philosophy of constant improvement and constant innovation. AES' algorithms are never finished - the product is always evolving as the marketplace evolves and as our research teams discover more effective trading techniques. Perhaps that's why AES has been recognized over and over as the leader in algorithmic trading. |
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