UBS Swoop Seeks Liquidity in Small and Mid-Cap Names

Volume and value of all European private equity

UBS has launched UBS Swoop, a new algorithmic trading strategy that is specifically designed for discontinuous liquidity and hard-to-trade or low-volume securities.

"The availability of equity liquidity is never a given, but for some securities it is even more elusive," says Owain Self, global head of algorithmic trading at UBS. "Traditional algorithms were built to trade on a schedule, which means they are not suited to appropriately capture unanticipated bursts of liquidity. Our clients tell u