Pragma Rolls Out Conditional and Pairs Algorithms
Both algorithms give clients more control over trades and provide greater trading efficiency.
Pragma released Pairs 2.0, a rewrite of its existing pairs algorithm, and a conditional orders algorithm to source large blocks.
The company provides an algorithm suite and platform to financial firms that can be customized to their trading needs. It also offers analytics around algorithms to track performance.
Curtis Pfeiffer, chief business officer, tells Waters the two algorithms closely track the demands of its customers.
“Across asset classes, there is more demand for control and
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