RealTick® (www.realtick.com), the leading global, multi-broker, cross-asset electronic trading platform, has expanded its capabilities with Jefferies & Company, Inc., as part of its international multi-broker network. This longstanding partnership allows clients to now execute US equity Pairs trades, plus international equities, using new algorithms from Jefferies, a major global securities and investment banking firm.
RealTick users can now access Jefferies’ newest suite of algorithms. This enhanced functionality is demonstrated in three new innovative algorithms: MultiScale, Trader, and Panel, all of which allow a trader to take more control over executions and be more responsive to changing market dynamics.
Additionally, Jefferies has upgraded its Pairs trading algorithms, providing simultaneous execution of two stocks using pre-defined conditions including: spread, price ratio and relative performance versus a benchmark. International algorithmic execution is also available alongside Jefferies’ existing direct access, program trading and smart order routing capabilities for US, international equities, and US options in RealTick.
“As Jefferies continues to expand globally, we expect our algorithmic suite including our Pairs algorithms, coupled with RealTick’s highly user friendly platform, to provide clients with enhanced execution capabilities and performance for their trading strategies.” said Daniel Charney, Head of Global Electronic Trading Services at Jefferies. “All of our algorithms use sophisticated order placement, enabling the strategies to intelligently source displayed and non-displayed liquidity.”
“Our aim is to ensure clients have access to the widest network of brokers and their latest electronic products globally. We are pleased to have significantly expanded the execution capabilities available via Jefferies, particularly in relation to Pairs trading, which is gaining greater focus with clients,” states Michel Finzi, Global Head of Business Development at RealTick.
“Traders looking to capture alpha increasingly want a single platform with the tools they need to execute sophisticated trading strategies, backed by the highest level of client service, from their brokers and execution platform,” adds Finzi.
Jefferies is part of RealTick’s global multi-broker network, which includes, among many others, Bank of America Merrill Lynch, Barclays Capital, BNP Paribas, CA Cheuvreux, Citigroup, Convergex Group, Credit Suisse, Deutsche Bank, Goldman Sachs, Instinet, JP Morgan, Knight, MF Global, Morgan Stanley, Nomura, RBC Capital Markets, Societe Generale, and UBS.
RealTick continues to upgrade its fully configurable multi-broker, multi-asset class EMS with advanced features that enable traders to simplify their daily workflow and stay focused on achieving better execution performance across brokers, algorithms, liquidity pools and asset classes, with ease.
