Paineiras Readies Xeno Tick Algo Data

The Rio de Janeiro-based firm, which was set up 18 months ago, has around $100 million under management, and trades equities, equity indexes and foreign exchange in Brazil and some international futures contracts, focused on macro-oriented strategies, says partner and trader Andre Portilho.

"Research into quantitative strategies has started to grow in the Brazilian market," Portilho says. "There are other funds already trading, and this area is growing fast."

Paineiras started talking with Xen

To continue reading...