Denver-based UAT Inc. has launched a new algorithm, dubbed iPerX, designed to help fund managers automate their trading systems while improving recapture rates and lowering commission costs. UAT president Tom Warren tells Buy-Side Technology that a "mid-sized variable annuity firm” is beta-testing the system.
He says the one-year beta trial has yielded savings of more than 60 percent on commissions when the variable-annuity firm ran trades through the system. The firm also saw a price i
The SEC takes a definitive stance on the status of cryptocurrencies; the idea of privacy consistently changes with the introduction of new technologies.Subscribe to Weekly Wrap emails