New algorithm from BoA
Bank of America has launched a new liquidity-aggregating algorithm designed to locate and amass available shares from a range of market centres, inclu- ding stock exchanges, crossing networks, ECNs and dark pools. The algorithm, known as Fusor, is the bank's tenth algorithm available through its suite of trad- ing tools, Electronic Algorithmic Strategy Execution (EASE). Fusor maintains a record of trading patterns across multiple liquidity venues, using the data to predict total available
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