Weeden, Pragma Upgrade Liquidity Aggregation Tool

Institutional broker Weeden & Co. and its partner, trading-solutions vendor Pragma, have enhanced their liquidity aggregation tool. The new algorithm, called OnePipe 3.0, can generate up to a 20 percent higher fill rate than its previous incarnation, according to Pragma.

The upgrade also offers enhanced anti-gaming and information leakage protection logic. OnePipe can tap into more than 40 dark pools, crossing networks, streaming liquidity venues and open-market destinations.

"OnePipe's new

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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