QB unveils new best execution algos

Source: Quantitative Brokers

Quantitative Brokers (QB), an independent provider of advanced algorithms and data-driven analytics to clients in the Futures and US Cash Treasury markets, today announced the launch of two new algorithms, Octane and The Roll.

Octane and The Roll join QB’s existing suite of award-winning best execution algorithms: Bolt, Strobe, Legger and Closer.

QB is committed to providing cutting edge trading solutions through its premium execution algorithms and analytics. QB’s innovative suite of products aims to help reduce implicit trading costs and solve execution challenges for its clients. The two new algorithms further push the boundaries of electronic execution in futures markets.

Octane is a liquidity seeking strategy designed to optimally execute when urgent completion is the primary objective. It is engineered to identify and act on liquidity opportunities, and is recommended for orders that are expected to have strong short-term alpha or are otherwise critically urgent.

The Roll is QB’s first algorithmic strategy specifically built for futures rolls (listed calendar spreads). It is engineered to execute rolls of any size, optimally and with ease. The unique strategy, which replicates some aspects of voice execution services, incorporates the advantages of QB’s algorithms, along with scale, consistency, and analytics.

Both algorithms are supported by QB’s comprehensive and state of the art Transaction Cost Analysis (TCA) service. This includes innovative new metrics specifically designed to measure the performance of these new strategies.

“With Octane, we are excited to bring an automated and intelligent approach to high urgency situations, enabling our clients to utilize a different approach that they do not have available to them today,” said Alastair Hawker, Global Head of Sales at QB. “ The Roll and its accompanying analytics, makes it more compelling than ever for clients to execute rolls electronically.”

“In the earlier days of QB, we pioneered an arrival price algorithm, Bolt, that changed how our clients traded,” said Ralf Roth, CEO of QB. “At this stage of our company’s progress, we are focused on building additional strategies that complement our core offering and solve other challenges our clients have identified.” 

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