Burden of Proof: Meet the IEX breakaways looking to shake up broker algos

Founded with the principles of “transparency and academic rigor,” some say Proof’s model and technical approach is a test case for a new generation of cloud-native broker startups.

Proof Trading, a startup agency broker-dealer founded by former IEX executives Daniel Aisen and Allison Bishop, is about to launch its second trading algorithm in a bid to deliver more efficient and lower-impact execution.

The firm’s first algorithm, which went live in March, is a VWap (volume-weighted average price) execution algorithm. The second algorithm, expected to go live at the start of August, serves as both a liquidity-seeker and impact minimizer, which first seeks out large blocks of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Operational resilience using the cloud

This webinar focuses on the business and operational benefits to firms on the back of their cloud strategies, across an industry that is often unforgiving to those not able to guarantee 100% uptime, operational robustness and competitiveness

Post-trade processing via NYFIX matching

A case study underscoring how a global asset management firm successfully addressed post-trade processing challenges by adopting NYFIX Matching from Broadridge.

The move to T+1: This time is different

This whitepaper, created by Broadridge,  focuses on leveraging robotic process automation and AI to ensure a smooth transition from T+2 to T+1 settlement.

Tick History – Query: Looking back to the future

The advantages of cloud-based services is well documented, from reduced upfront and ongoing operating and infrastructure costs to improved time-to-market for new services and datasets. Here, Tim Anderson, LSEG explains how the benefits of the service…

Navigating the adoption of generative AI

This whitepaper, created by Xoriant, focuses on generative artificial intelligence (AI) and its potential to transform the way financial services firms operate, make business decisions and innovate.

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 individual account here