TRADINGSCREEN Wins Cross-Asset Innovation in EMS at THE TRADE Leaders in Trading Event
NEW YORK and LONDON, Dec. 8, 2016 /PRNewswire/ -- TRADINGSCREEN wins the Cross-Asset Innovation Award in EMS at THE TRADE's annual Leaders in Trading event. As one of the longest standing providers of cross-asset algorithmic trading tools, this award demonstrates how TRADINGSCREEN continues to lead the way in developing execution management platforms for the buy-side.
Chris Hollands, head of European sales at TRADINGSCREEN, said: "We've always positioned our platform to enable the latest and most innovative sell-side offerings to be made available to our customers. Given the depth of their quantitative expertise and the resources that they have invested in algorithmic trading, we as a vendor have always outsourced this capability to the sell side whilst focusing on implementing them very rapidly and intuitively via our SaaS deployment model."
Despite its established market position, TRADINGSCREEN has continuously looked to improve its offering, dating all the way back to when it implemented the first, broker sponsored equity algos over a decade ago. Chris Hollands, Head of European Sales and Coverage at TRADINGSCREEN, has witnessed this evolution at first hand and further commented: "Since the mid 2000s, broker sponsored algorithmic trading has proliferated both from the sophistication of the algo tactics themselves to their breadth of asset class coverage which now encompasses futures, options and FX, all of which now are widely available across TRADINGSCREEN's multi-broker network. With the cross-asset class best execution requirements of MiFID II on the horizon, along with its pre- and post-trade transparency obligations for OTC instruments, the growth of their usage is assured as is their expansion into Fixed Income."
Customers responded positively to TRADINGSCREEN's ongoing development as THE TRADE's Execution Management System Survey 2016 demonstrated, receiving more responses from clients than any other provider. Feedback was also very positive, providing TRADINGSCREEN's scores with a significant boost over its performance in 2015.
Once again TRADINGSCREEN got the highest score for its breadth of asset class coverage and also scored highly on levels of client service. The company also saw the lowest number of client respondents who are considering switching provider, demonstrating their loyalty and that its approach to clients is clearly something they highly value.
Jonathan Watkins, editor of THE TRADE, added: "While TRADINGSCREEN is always a strong performer in our annual EMS survey, it has really taken things to the next level in 2016. Its ongoing support for such a wide-array of asset classes and continuous support of innovation means it was the clear winner of this category."
Contact:
FOR TRADINGSCREEN
Cristina Dolan
+1.212.359.4149
[email protected]
About TRADINGSCREEN
TRADINGSCREEN® is the leading independent provider of liquidity, trading, and investment technology via SaaS to the financial community. TRADINGSCREEN's goal is to simplify the complexity of markets, by consolidating all investment workflows for exchange-traded and OTC instruments on a single platform. TRADINGSCREEN brings the major, global sell-side participants, leading regional brokers and the largest Buy side firms to a common environment, delivering market access, order-management, liquidity-management and investment services. The benefit to clients is an exceptional reach across counterparties, asset classes, and geography, and a full integration of services front to back. WatersTechnology recognized TS consecutively for Best Sell-Side OTC Trading Initiative and Best Crossing Network Provider; APAC Insider Investment Awards for Best Innovation and Best Electronic Trading Solutions Provider; and Hedge Fund Awards for Best Trading Technology and Best Electronic Trading Solutions Provider. Hedge Fund Awards recognized TRADESMART® as the Most Innovative Asset Management Product. TRADINGSCREEN provides global coverage from offices in Boston, Chicago, Geneva, Hong Kong, London, New York, Paris, Singapore, Sydney, and Tokyo. For more information, visit www.tradingscreen.com.
SOURCE TradingScreen
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