The Trade: Quantitative Brokers launches new Futures execution algorithm, Closer

Quantitative Brokers has released Closer, the fifth strategy in its suite of award winning best execution trading algorithms. Closer is specifically designed to optimize execution relative to an instrument’s close or settlement price benchmark, built to service the industry’s growing need for best execution around the closing price benchmark. The algo is further integrated with QB’s Transaction Cost Analysis (TCA).Also see the news on Waters Technology.