TradingScreen Inc., 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."