PairsHub Provides Simplicity in Broker Neutral Access to the Best Pair Trading Algorithms in the Market Place
London, UK / myprgenie.com / May 8, 2014 / TradingScreen Inc. (TradingScreen), the leading independent provider of liquidity, trading, and investment technology via SaaS, today announced the launch of PairsHub, a normalized execution interface that provides easy access to the pairs trading algorithms of the leading investment banks.
PairsHub comprises a normalized trading interface with all of the associated pre-certified connectivity, allowing the execution of the latest pairs trading algorithmic strategies with the widest set of investment banks and institutional brokers. While incorporating the differentiated pairs trading styles and broker specific functionalities, PairsHub simplifies the execution process by providing the buy side trader with a simple, yet execution-rich trading experience, irrespective of the selected broker destination. TradingScreen has certified the pairs trading algorithms for a number of organizations including among others Bank of America Merrill Lynch, Barclays, Credit Suisse, Instinet, Macquarie, Morgan Stanley, and UBS.
Leveraging a proprietary iteration of the FIX ATDL framework, TradingScreen anticipates the roll out of another four additional sell side counterparties' pairs trading algorithms before the end of Q2 2014, reinforcing TradingScreen's status as the most comprehensive Execution Management System (EMS) vendor in this complex field of broker algorithms integration.
"We attach significant value to offering the widest choice of trading tools in TradeSmart," said Philippe Buhannic, Chief Executive Officer and Chairman of TradingScreen. "In an increasingly complex electronic trading landscape, we remain committed to presenting our sell side partners with fast-evolving product offerings, an environment that insures easy deployment of their algorithms. PairsHub also gives the buy side trader a simple while powerful platform to trade pairs that is superior to any offering in the market today."
Interested press and analysts may contact:
Direct: +1 212-359-4149
TradingScreen is the leading independent provider of liquidity, trading, and investment technology via SaaS to the financial community. TradingScreen's goal is to simplify the complexity of markets, by consolidating all investment workflows for exchange-traded and OTC instruments on a single platform. TradingScreen brings the major, global sell-side participants, leading regional brokers and the largest Buy side firms to a common environment, delivering market access, order- and liquidity-management and Investment services. The benefit to clients is an exceptional reach across counterparties, asset classes, and geography, and a full integration of services front to back.
TradingScreen was named the Best Fixed Income Trading Platform in 2014 by Wall Street Letter for the second consecutive year. TradingScreen provides global coverage from offices in Chicago, Geneva, Hong Kong, London, New York, Paris, São Paulo, Singapore, Sydney and Tokyo. For more information on TradingScreen, go to http://www.tradingscreen.com.
Contact: Cristina Dolan, Cristina.Dolan@tradingscreen.com, 1 (212) 359-4149
SOURCE: TradingScreen Inc.
Release ID: 43708