Ullink supports Jefferies' best execution quest

Jefferies, the global investment bank, has implemented Ul Smart, a Ullink system said to address Mifid's requirements for best execution. The application fits into the bank's existing environment and Ul Smart then makes decisions using real-time data from multiple sources, routing orders according to user-defined best execution policies. Brokers use a graphical best execution policy designer to create custom policies that meet their customers' needs.

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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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