BCH has developed an innovative analytic tool that provides the trader with advanced insight into trade performance in real time. Real-Time Analytics is designed to alert the trader to the effectiveness of a given strategy, allowing them to make adjustments immediately. Over time this builds knowledge of the most effective destinations for each type of trade.
Traders have access to many alternatives for execution, including using brokers, algorithms, direct access systems or park pools. Each of these destinations has workflow and execution challenges.
If the market behaved predictably trading strategies based on history, such as algorithms, would not need attention. But most trading days contain a few surprises. Our solution alerts traders when their order is off course, regardless of venue. The alert helps them to go directly to the stock and time interval where preset conditions have been violated, and provides insights into the market dynamics during that time period. The trader can quickly make adjustments to that strategy to capitalize on the market anomaly.