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 (January 17, 2007):
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
Strategies for the listed futures markets into TradingScreen’s
full suite of trading products (TradeSmart, TradeExcel,
TradeFIX, etc…).
“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 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 is DMA, 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 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 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 of TradingScreen. “Clients can now leverage
the connectivity, strategy tools and standardized STP
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:
U.S. sales: +1 212-375-9013
European sales: +44 (0) 20 7149 3100
Japan sales: +81 (0) 3-3568-2022
Hong Kong sales +85 2251-2240
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 services, such as real straight-through
processing (STP) and prime brokerage enabling across
all asset classes. TradingScreen provides global coverage
from offices in New York, London, Paris, Hong Kong and
Tokyo. Further information can be found at www.tradingscreen.com.
ABOUT ADVANCED EXECUTION SERVICES®
(AES):
Advanced Execution Services® is Credit Suisse's
award-winning suite of algorithmic trading strategies,
tools, and analytics for global equity trading. 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.
For More Information, Please Contact:
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