Launch Of New QB Algorithms
At our 2nd Annual The Best Execution Conference last month, held in Greenwich CT, we announced the launch of two new algorithms, Octane and The Roll.
We are excited to provide these two new strategies to our clients. They include further innovation and optimization to provide best execution for two specific situations, high urgency trading and rolls.
Octane: A liquidity seeking strategy designed to optimally execute when urgent completion is the primary objective.Sometimes the urgent completion of an order to enter or exit a position is the overwhelming and primary objective. This could be driven by short-term alpha in the trade and the order must be completed before the market moves away. We have designed a strategy to actively seek liquidity and execute as fast as possible, while still striving to minimize slippage.
The Roll: Execute rolls optimally and with ease.Given the importance of rolls (calendar spreads) to our clients, we have engineered a new strategy dedicated to the nuances of calendar spread markets and client needs around rolling positions from one contract to another.
We also showcased two new animations that help those newer to QB better understand what we do.
– Why use a QB Algo to work an order?
Thank you to all our clients and guest speakers who participated at our event. It was a pleasure to host you.
Quantitative Brokers
New York
October 17, 2018