BST Awards 2019: Best buy-side algorithmic/DMA product or service—Dash Financial Technologies
For the second year in a row, Dash Financial has emerged top in the best buy-side algorithmic/DMA product or service category in the annual BST Awards, thanks to its Dash Sensor suite. The offering is a multi-asset routing solution that is fully customizable to each client’s algorithmic strategies, and supports benchmark and liquidity capture for US options and equities. The premise of the suite is to allow traders to control the behavior of their orders once they are executed, especially where they are routed.
Chicago-based Dash recently released a dark liquidity aggregation algorithm that provides traders with transparency, performance and control when they route orders to off-exchange liquidity pools. Called Sensor Dark, it is part of Dash’s larger Sensor suite and is designed to source dark liquidity from independent venues, broker pools and hidden exchange liquidity pools across the US equities markets. Users are still able to customize these algorithms to meet their specific strategies and they can be connected to Dash’s visualization and analytics platform, Dash 360.
Dash places great importance on customizability, ensuring that its clients can tailor the algorithms and strategies within Sensor so that they reflect their specific needs. Users can fine-tune their strategies to cover specific firms, traders or even securities. To measure the impact of the change in the algorithm, Sensor can be connected to the Dash360 platform. Changes to algorithms can also be made in real-time, something Dash claims most other platforms cannot support, given that they typically need to wait at least overnight in order to do so.
Part of Dash’s service is to leverage its expertise for clients who might want more guidance when it to comes to the creation of their algorithms within the Sensor system, although ultimately clients decide how to customize their strategies. The company has also been adding new features to all of the platforms it offers, not just the Sensor Suite, but also to the Dash 360 platform.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2024: Technology innovator of the year (vendor)—Christy Bremner, SS&C Technologies
Christy Bremner, senior vice president, Institutional & Investment Management (I&IM) division at SS&C Technologies, wins technology innovator of the year (vendor) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: EDM professional of the year—Neslihan Yegul, S&P Global Market Intelligence
Neslihan Yegul, vice president, head of EDM and thinkFolio at S&P Global Market Intelligence, wins EDM professional of the year in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Technology innovator of the year (end-user)—Laura Hamilton, Bank of America
Laura Hamilton, global head of corporate treasury, credit risk, climate risk, and financial forecasting technology at Bank of America, wins technology innovator of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Vendor professional of the year (data and operations)—Joanna Davies, OSTTRA
Joanna Davies, head of trade processing at OSTTRA, wins vendor professional of the year (data and operations) in the 2024 Women in Technology and Data Awards.
Sell-Side Technology Awards 2024: Best sell-side front-office platform—Bloomberg
Product: Bloomberg TOMS
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Deutsche Börse democratizes data with Marketplace offering
- Waters Wavelength Podcast: Broadridge’s Joseph Lo on GPTs