Algos Shock Europe

Market Structure

"Wild," says Eli Lederman, CEO of London-based equities platform Turquoise, as he describes market conditions in Europe and the increasing prevalence of algorithmic trading. He should know, as he continues to study and analyze capital market activity in preparation of launching the consortium-backed, pan-European multilateral trading facility (MTF) into the fray in September.

"As you introduce automation and as the systems get more sophisticated and volumes go up, you are able to do more at

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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