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Clearpool Licenses Algo Platform in Europe

Users of Clearpool's Algorithmic Management System platform can customize algorithms and analyze trading performance.

Evolutionary algorithm

In turn, the broker will provide its European institutional clients trading US equities with visibility and control in their trading strategies and execution. The cloud-based platform allows brokers and their buy-side clients to focus on best execution, in line with the revised Markets in Financial Instruments Directive (Mifid II).

Brian Schaeffer, president and founder of Clearpool, says firms that license the AMS can build an unlimited number of customized strategy configurations based on

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