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Scotiabank rolls out multi-asset suite of electronic trading tools

Source: Scotiabank

Scotiabank today introduced ScotiaRED – a series of state-of-the-art electronic trading tools, to deliver high-quality execution to Equities, Fixed Income, and FX clients that includes the use of advanced analytics such as artificial intelligence.

"ScotiaRED is another example of Scotiabank's commitment to provide our clients with innovative market-leading products," said Jake Lawrence, Group Head and CEO, Global Banking and Markets, Scotiabank. "This next generation of electronic trading tools enhances performance and provides a superior client experience across our Americas footprint."

ScotiaRED provides global Equities clients access to Scotiabank's leading edge execution technology and in-depth market structure analysis, including new customizable trading algorithms, data-driven insights and access to the Bank's unique liquidity.

"We have modernized our global FX offering and created a strong platform for our global FX business with a streamlined user experience," continued Jake Lawrence. "Combined with expert local knowledge and on-shore liquidity, this new suite of electronic trading tools enables us to deliver real-time trading at competitive prices for our Americas clients."

ScotiaRED represents Scotiabank's ongoing investment in talent and novel technology, establishing the Bank not only as a leading bank in the Americas but an emerging world-class electronic trading provider.

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