Algorithmic trading can play an important part in achieving best execution. Our independent, best-of-breed approach to technology assures that our traders and clients have access to the most advanced trading algorithms available via our DMA platform. We also believe that the efficiency of automated trades often can be enhanced with human intervention to create a more efficient trading model.
It is a widely held belief on Wall Street that 80% of the total trading costs of a portfolio are caused by just 20% of the trades. This is particularly true during periods of high volatility. The key to managing these costs while still trading efficiently is having the experience to identify which 20%.
Our sales traders and NYSE floor brokers, at the direction of our clients, anonymously monitor markets on a continual two-way basis. By being in constant communication with our clients and having a thorough understanding of their objectives, our trading team is able to respond quickly should pricing dislocations occur. When these opportunities present themselves, the algorithm ....
