With New Tie-Up, QB Doubles Down Screen Exposure Hunt as TT Jumps Into Agency Algo Space

Algo specialist seeks greater access as client base expands.

At its highest level, algorithmic best execution is something of a counterintuitive business.

White-labling generic algos is an easy way to get started—and sure enough, there are certainly enough cheap options to choose from, many of them from the banks.

Shops really focusing exclusively on best ex and slippage costs, however—and particularly those working in futures, rates and other non-equities asset classes—make a name for themselves by getting in the weeds, customizing to clients' trading st