Societe Generale Corporate & Investment Banking announced today that it has added Algorithms and Direct Market Access for Indonesia to its Quantitative Electronic Services (QES)* product.
The addition makes the bank the leading provider of direct access and algorithmic strategies to 11 markets across the Asia Pacific region. This announcement follows the addition of Malaysia, Chile, Brazil & Mexico earlier this year and underlines the Bank's commitment to extend coverage in some of the fastest growing emerging markets and provide institutional customers with innovative technology and services.
The Indonesian Stock Exchange, which came into existence in its current form in 2007, has a number of particularities that needed to be accounted for. For example the opening auction is available only to a limited list of stocks (which changes periodically) and Friday trading hours are different from the rest of the week. Societe Generale Corporate & Investment Banking has
made such particularities completely transparent to investors in its full suite of algorithmic tactics, whilst providing the same level of execution quality that institutional investors have come to rely upon.
The QES product is available through the majority of third party trading systems and is constantly evolving with the needs of clients and market environments.
With access to one of the largest liquidity pools in Global Equities (including #1 market share on Euronext), the bank's Global Equity Flow division offers global coverage across 65 markets, comprehensive liquidity solutions, advanced algorithms and an integrated execution product, encompassing equities, ETFs & derivatives.
* Quantitative Electronic Services (QES)
QES provides advanced algorithmic trading, Direct Market Access and Direct Capital Access across world markets and is part of the bank's integrated execution platform offering global program trading, ETF advisory and trading as well as sales trading. QES offers clients access to 35 electronic exchanges in the Americas, Europe and Asia Pacific and via the Alpha-x crossing network and smart order routing capabilities such as MTF.