CMA Releases Latin America Algo Engine

The new offering went live with a soft launch three months ago, according to Dan Watkins, president of consultancy CC-Speed, which is contracted by CMA in the U.S. "It has low volume at the moment, but is fully available," he adds.

Platform users can choose from a set of pre-packaged CMA algorithms, which includes strategies like volume-weighted average price (VWAP), time-weighted average price (TWAP), QuickBasket or Best Offer. Users can also develop their own algorithms using the provided

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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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