Quod to Focus on Benchmarking Capabilities
"The platform is undergoing intensive testing cycles and is currently being beta-tested by one of our long-standing clients," says Dhiren Rawal, managing director with Quod Financial.
The upgrades to the new release focus on performance improvements and algorithmic trading, he says.
The statistical engine upgrade will help improve the system's current ability to assess the quality of execution in dark liquidity pools.
"Instead of sell-side firms sending three or four large orders into dark
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