19 August 2017
Find out more

CA Cheuvreux navigates liquidity

25 November 2008  |  2493 views  |  0 Source: Crédit Agricole Cheuvreux S.A.

Crédit Agricole Cheuvreux S.A. (CA Cheuvreux) is pleased to introduce its first edition of "Navigating Liquidity", CA Cheuvreux's analysis of the issues surrounding liquidity access. "Navigating Liquidity" is a bi-annual research report that aims to provide clients with valuable, expert insight on the latest trends and issues in the ever changing world of liquidity and liquidity fragmentation.

"As a leading execution agent on 60 exchanges with cutting edge Smart Order Router (SOR) technology, we believe that it is very helpful for us to analyse and illustrate trends and opportunities through our quantitative research capability. This analysis provides our clients with an independent and expert insight into the evolution of liquidity across exchanges", comments Jerry Lees, Head of Alternative Execution Services, CA Cheuvreux.



"In this issue, we examine the advent of new trading destinations such as Chi-X under volatile market conditions and how investors can benefit from using Smart Order Routing to minimise market impact", adds Ian Peacock, Head of Alternative Execution Services US and CEO of CA Cheuvreux North America.



Now that Chi-X has been live long enough to assert its efficiency as a trading destination, the report observes that as the availability of new trading destinations increases, the optimal way to trade changes. Investors are well advised to utilise SORs and trading algorithms, such as the solutions offered by CA Cheuvreux, that are best adapted to these changes.



The report concludes that the well known strategy of using trading algorithms to optimise the execution of large orders by slicing them in volume-indexed intervals, now has a cross-exchange equivalent: optimal slicing across trading destinations, taking into account investors' risk aversion. This trading approach will have to be adapted to the rate of change in the European landscape which, to-date, has developed later than in the US and is likely to have fewer ultimate destinations.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.worldpaymentsreport.comvisit www.dorsum.eu

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
8035 views comments | 22 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
7413 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
6262 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Blockchain Might Not Be The Future For...
6128 views 1 | 5 tweets | 3 linkedin
Apple sidelined as Beijing transit system launches payments appApple sidelined as Beijing transit system...
5975 views comments | 11 tweets | 9 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job