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
IBM makes headway with blockchain and encryption services; the FCA's Stephen Hanks says firms need to make decisions about their ARMs and APA providers soon.Subscribe to Weekly Wrap emails