Technology vendor TradingScreen has debuted PairsHub, its electronic execution interface that connects with pair-trading algorithms from tier-one investment banks.
The vendor has certified algorithms from Bank of America Merrill Lynch, Barclays, Credit Suisse, Instinet, Macquarie, Morgan Stanley, and UBS, and clients can access the strategies through a normalized interface. It expects to integrate algorithms from a further four sell-side institutions in Q4 2014.
"We attach significant value to offering the widest choice of trading tools in TradeSmart," says Philippe Buhannic, chairman and CEO at TradingScreen. "In an increasingly complex electronic trading landscape, we remain committed to presenting our sell side partners with fast-evolving product offerings, an environment that insures easy deployment of their algorithms. PairsHub also gives the buy side trader a simple while powerful platform to trade pairs that is superior to any offering in the market today."
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails