Instrument-specific. Dynamic. Data-driven.
Algorithm Benchmarks
Settlement - The normal daily settlement price as defined by the exchange
With Closer, you can trade over the optimal timeframe while targeting the settlement price as your benchmark.
Engineered to Trade into the Close
Closer is specifically designed to target the daily settlement price as its benchmark. The algorithm implement QB’s unique forecasting models that are instrument-specific, intelligently monitor and quickly respond to market movement at the close automatically.
As the Market Closes
Closer dynamically adjusts its behavior based on immediate market conditions during the settlement window. We recognized the greater impacts of certain signals such as seasonal effects - month-end, quarter-end, and roll periods to the settlement window than regular hours, thus strategized Closer’s prediction model to emphasize these market signals.
Optimization, Your Way
QB’s Algo Suite covers a wide range of execution strategies and is highly customizable. Our role is to accommodate your strategy, complement your existing workflow, and make the best execution come to you.
QB’s focus is minimizing implicit trading costs while utilizing data and analytics to provide complete transparency
Our approach is precise, grounded in data-driven research with an ethos of curiosity, creativity and hard work
QB guarantees complete transparency and neutrality for clients