Algo Trading Solutions
The most significant trend in equity trading over the last five years has been the increase in the use of algorithmic trading solutions. There are two dominant reasons for this increase:
- Algos are an efficient way to fulfill commission obligations to the sell-side.
- The adoption of electronic trading has significantly reduced the average execution size, making the process of manual trading in these markets very labor intensive.
Today most desks do not need more algos—they need to use their existing algos better. They need to use the best algo for each order in the current market, and they need to rapidly update each algo’s parameters for intra-day anomalies. Algos are hands-off most of the time. But not all the time. BCH’s algo platforms alert the trader when they need to be hands-on. BCH has unusual experience in the algo trading space with both the buy- and sell-sides of the market. The firm’s activities include system reviews, desk reviews, performance measurement, competitive improvements, design assistance, and overall strategic assessment.