Fox River Upgrades US Equity Algo

dashboard-speed

The algo will help traders to reduce risk by removing manual processes.

SunGard's Fox River has added to its suite of US equity algorithms with a "dollar certain" algo for when traders execute a trade in dollars and not in shares. In order to help with risk mitigation and remove manual calculations, the algorithm will automatically calculate the conversion.

"Fox River's dollar certain algo was driven by customer requests and designed to help them become more efficient, which is one of their key challenges. This new algo helps turn a purely manual process into an automated one, helping to save a trader's valuable time, increase efficiency and reduce operational risk," says Bob Santella, chief operating officer for SunGard's Fox River and Valdi trading solutions in the US.

  • LinkedIn  
  • Save this article
  • Print this page  

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: