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TORA OEMS Chosen for Fixed Income by Cowen Outsourced Trading

Retrieved on: 
Wednesday, May 5, 2021

b'LONDON, May 5, 2021 /PRNewswire-PRWeb/ --TORA, provider of industry leading trading technology, has today announced that Cowen Outsourced Trading has selected TORA\'s Order and Execution Management System (OEMS) for Fixed Income across USA, Europe and Asia.\nCowen selected TORA\'s SaaS OEMS following an intensive side-by-side evaluation of leading trading system providers.

Key Points: 
  • b'LONDON, May 5, 2021 /PRNewswire-PRWeb/ --TORA, provider of industry leading trading technology, has today announced that Cowen Outsourced Trading has selected TORA\'s Order and Execution Management System (OEMS) for Fixed Income across USA, Europe and Asia.\nCowen selected TORA\'s SaaS OEMS following an intensive side-by-side evaluation of leading trading system providers.
  • Cowen\'s Outsourced Trading team works alongside their clients, functioning as either the clients\' trading desk or as an extension of the clients\' trading desk.\nTORA\'s OEMS provides traders at Cowen with access to advanced trading functionality, including market data aggregation, customized order intake and execution, order allocation management, and post-trade analytics.
  • Cowen traders are now using the TORA FIX network to connect to multiple bond trading platforms and global brokers to access greater liquidity and improve trade execution quality.\nJoram Siegel, Head of Fixed Income Outsourced Trading at Cowen, stated "TORA\'s SaaS OEMS stood out because of its functionality to go beyond traditional buy-side order management systems.
  • We are focused on facilitating electronic trading in fixed income, so I am really pleased Cowen chose our trading platform for their fixed income requirements.

IntelligentCross ASPEN ATS Displays Best Prices Ahead of Major Exchanges

Retrieved on: 
Tuesday, May 4, 2021

b'STAMFORD, Conn., May 4, 2021 /PRNewswire/ -- Imperative Execution, Inc. today announced that the IntelligentCross ASPEN ATS, one of its AI-powered equity trading venues, was ranked #2 in the frequency of setting the best price in the US equities market when compared to most US equities exchanges, according to Exegy, a leading market data firm that distributes prices to brokers and traders.\n"We ranked major US equities venues that display prices, which included 13 exchanges and the only ATS with displayed liquidity, IntelligentCross ASPEN, on how often each one sets the national best price available to investors.

Key Points: 
  • b'STAMFORD, Conn., May 4, 2021 /PRNewswire/ -- Imperative Execution, Inc. today announced that the IntelligentCross ASPEN ATS, one of its AI-powered equity trading venues, was ranked #2 in the frequency of setting the best price in the US equities market when compared to most US equities exchanges, according to Exegy, a leading market data firm that distributes prices to brokers and traders.\n"We ranked major US equities venues that display prices, which included 13 exchanges and the only ATS with displayed liquidity, IntelligentCross ASPEN, on how often each one sets the national best price available to investors.
  • "Investors generally expect their brokers to seek the best prices reasonably available in the market; this study shows that the IntelligentCross ASPEN ATS has the best prices in the market more often than most securities exchanges, while trades frequently occur throughout the day at prices worse than those available on ASPEN (on average 497,000 times per day for the dates in the study, i.e., every blink of an eye)."\nMr.
  • "\nThe IntelligentCross ASPEN ATS displayed prices are readily available free of charge for any firm that wants to receive them and trade on the venue.\nTo compute improving the national best price, Exegy looked at round-lot quotes posted by the IntelligentCross ASPEN ATS across a universe of about 4,000 securities.
  • Founded by former traders, Imperative Execution, Inc. is the parent company of IntelligentCross LLC, which operates the IntelligentCross ATS, the industry\'s first smart venue to use AI in order matching to achieve high execution performance.

StockAlgos.com Launches a Powerful Marketplace of Stock Tools & Algorithms for Retail Investors to Take on the Big Guns

Retrieved on: 
Monday, May 3, 2021

b'TORONTO, May 3, 2021 /PRNewswire/ -- StockAlgos - a marketplace for trading algorithms - launches today to democratize some of the most valuable trading algorithms for retail investors worldwide.\nSociety has been through a really crazy couple of months when it comes to retail investing.The highly publicized short squeeze on GameStop orchestrated by Reddit and Twitter users really put the spotlight on the chasm between institutional and retail investors.Large funds have the kind of access to superior technology, data, and trading opportunities that gives them an unassailable advantage compared to the average day trader.\nThe world is moving in a different direction.As technology and data-driven decision-making algorithms continue to march on the traditional financial system, the barriers to entry here continue to be decimated.

Key Points: 
  • b'TORONTO, May 3, 2021 /PRNewswire/ -- StockAlgos - a marketplace for trading algorithms - launches today to democratize some of the most valuable trading algorithms for retail investors worldwide.\nSociety has been through a really crazy couple of months when it comes to retail investing.The highly publicized short squeeze on GameStop orchestrated by Reddit and Twitter users really put the spotlight on the chasm between institutional and retail investors.Large funds have the kind of access to superior technology, data, and trading opportunities that gives them an unassailable advantage compared to the average day trader.\nThe world is moving in a different direction.As technology and data-driven decision-making algorithms continue to march on the traditional financial system, the barriers to entry here continue to be decimated.
  • This is especially true as more and more of the investing world shifts from active management on the whims of a fund manager\'s predictions, to a world where data and algorithms drive decisions.The era of data is upon us.\nRetail investors should have access to the same algorithms that the big players do, and that\'s exactly why StockAlgos.com was built.The marketplace is designed to take those algorithms and make them open to the general public so that retail investors who want to go the data-driven approach can leverage the best of what\'s out there.By decentralizing these algorithms, StockAlgoscan open up the opportunities for wealth creation that were previously hoarded by the large institutions.\nOnce users sign for a free account on the platform, users will be able to browse a wide range of algorithms for different purposes, each of which is carefully curated by the StockAlgos team.They\'re continually adding to these lists as they grow, so it\'s an asset that will keep getting more valuable over time.When users see an algorithm they like, they can add it to their profile and have access to it to use however they\'d like.At the moment, they are free for a limited timeto reward those early adopters, but eventually, they will have a price tag to match their value.\nEvery algorithm lives and dies based on user reviews, which users can peruse on each algorithm\'s individual page so that users can sort the wheat from the chaff.
  • People have said, "It\'s revolutionary!\nIf someone is a day trader looking to get an edge in the market, having access to these industry-leading algorithms is a no-brainer.StockAlgos isincredibly excited to be bringing this to the market, and they are very much looking forward to seeing how investors take the marketplace and leverage it for their success.\n'

MEMX Breaks Multiple Monthly, Daily Records as It Climbs to 6th Largest Exchange in U.S.

Retrieved on: 
Monday, May 3, 2021

MEMX is the fastest growing equities exchange in the country, with monthly double digit increases in average daily trading volume.\nRecord average daily market share: 2.16%\nSince January, MEMX market share has soared 238%.

Key Points: 
  • MEMX is the fastest growing equities exchange in the country, with monthly double digit increases in average daily trading volume.\nRecord average daily market share: 2.16%\nSince January, MEMX market share has soared 238%.
  • The exchange commenced trading all NMS symbols just six months ago, on October 29, 2020.\n\xe2\x80\x9cMEMX was founded to drive competition and give a voice to investors.
  • Our rapid growth is evidence we are filling an important need in the exchange landscape,\xe2\x80\x9d said Jonathan Kellner, CEO of MEMX.
  • MEMX offers a new option to investors, with a simpler platform and features to benefit both retail and institutional investors.

Eightcap Introduces a Revolutionary AI-driven Trading Experience to Clients

Retrieved on: 
Thursday, April 29, 2021

"Capitalise.ai has made it simple and compelling for traders on all levels to create automated trading strategies with it\'s super-easy, feature-packed trading platform.

Key Points: 
  • "Capitalise.ai has made it simple and compelling for traders on all levels to create automated trading strategies with it\'s super-easy, feature-packed trading platform.
  • We\'re thrilled to integrate Capitalise.ai on the Eightcap platform, so our clients can gain the highest trading experience and amplify their performance.
  • I am excited to partner with Eightcap, a globally trusted broker, as we continue to make automatic trading and analytics accessible to all types of traders.
  • Supported with competitive pricing, outstanding client support, and superior execution technology, Eightcap offers trading to retail and institutional clients across Forex , Indices , Commodities , and Shares markets.\nCapitalise.ai is an innovative analytics and trading automation platform that amplifies top tier brokerage firms\' performance by offering a trading experience like no other.\nWith Capitalise.ai, brokers can now offer all traders analytics and a seamless automated trading experience, previously reserved only for highly technical traders.

Eightcap Introduces a Revolutionary AI-driven Trading Experience to Clients

Retrieved on: 
Thursday, April 29, 2021

"Capitalise.ai has made it simple and compelling for traders on all levels to create automated trading strategies with it\'s super-easy, feature-packed trading platform.

Key Points: 
  • "Capitalise.ai has made it simple and compelling for traders on all levels to create automated trading strategies with it\'s super-easy, feature-packed trading platform.
  • We\'re thrilled to integrate Capitalise.ai on the Eightcap platform, so our clients can gain the highest trading experience and amplify their performance.
  • I am excited to partner with Eightcap, a globally trusted broker, as we continue to make automatic trading and analytics accessible to all types of traders.
  • Supported with competitive pricing, outstanding client support, and superior execution technology, Eightcap offers trading to retail and institutional clients across Forex , Indices , Commodities , and Shares markets.\nCapitalise.ai is an innovative analytics and trading automation platform that amplifies top tier brokerage firms\' performance by offering a trading experience like no other.\nWith Capitalise.ai, brokers can now offer all traders analytics and a seamless automated trading experience, previously reserved only for highly technical traders.

Speakerbus Announces CADENCE - A cloud-based digital communications and compliance platform for the global financial trading community.

Retrieved on: 
Wednesday, April 28, 2021

"With Cadence, Speakerbus is providing cloud trading communications with all of the security, compliance and management built-in so that customers no longer have to build and run these platforms themselves and their trading teams are always connected.

Key Points: 
  • "With Cadence, Speakerbus is providing cloud trading communications with all of the security, compliance and management built-in so that customers no longer have to build and run these platforms themselves and their trading teams are always connected.
  • "\n"The pandemic generated an urgent, industry-wide mandate to modernise how we think about and deliver trading communications services," said Bill Wagner, Global Head of Engineering at Speakerbus.
  • Our portfolio of collaboration, connectivity and compliance solutions help trading organisations gather information, gain insight, make decisions, build relationships and execute trades.
  • For more than 35 years over 50,000 traders in more than 60 countries have trusted their most important communications to Speakerbus.

Speakerbus Announces CADENCE - A cloud-based digital communications and compliance platform for the global financial trading community.

Retrieved on: 
Wednesday, April 28, 2021

"With Cadence, Speakerbus is providing cloud trading communications with all of the security, compliance and management built-in so that customers no longer have to build and run these platforms themselves and their trading teams are always connected.

Key Points: 
  • "With Cadence, Speakerbus is providing cloud trading communications with all of the security, compliance and management built-in so that customers no longer have to build and run these platforms themselves and their trading teams are always connected.
  • "\n"The pandemic generated an urgent, industry-wide mandate to modernise how we think about and deliver trading communications services," said Bill Wagner, Global Head of Engineering at Speakerbus.
  • Our portfolio of collaboration, connectivity and compliance solutions help trading organisations gather information, gain insight, make decisions, build relationships and execute trades.
  • For more than 35 years over 50,000 traders in more than 60 countries have trusted their most important communications to Speakerbus.