RealTick adds latest Deutsche Bank algorithms
First Published 14th December 2009
RealTick Execution Management System adds the latest Autobahn® equities algorithms and futures execution from Deutsche Bank
Michel Finzi, Global Head of Business Development, RealTick:
"Deutsche Bank and RealTick have a longstanding relationship
and we are pleased to make their latest equity and futures
products available via RealTick."
RealTick the multi-broker, cross-asset electronic trading platform, has integrated the latest suite of equity algorithms and futures execution capabilities from Deutsche Bank. This builds on a longstanding relationship between the two companies.
RealTick users can now access the latest algorithmic strategies
including Stealth, Target Close and
Optimal Portfolio Execution (OPX), as well as custom strategies. Clients can execute algorithmic, worked
and direct to market orders via Deutsche Bank's autobahn trading platform, leveraging the smart
order router to reach equity liquidity in multiple venues. In addition RealTick users can execute futures contracts directly on the market via Deutsche Bank's newly integrated DMA capabilities.
Michel Finzi, Global Head of Business Development, with RealTick
comments, "Deutsche Bank and
RealTick have a longstanding relationship and we are pleased to make their latest equity and futures
products available via RealTick. Across the board, RealTick clients require the ability to access the latest algorithmic strategies from their key trading partners efficiently and quickly, through a single trading platform."
"In order to deliver on this requirement RealTick has developed
Deutsche Bank's latest algorithms using the Algorithmic Trading
Definition Language (ATDL) - the new industry standard from FIX.
implementation of ATDL significantly speeds up the deployment of new algorithms from the broker to
the trader. RealTick clients can route orders to Deutsche Bank's strategies, including the ability to overlay the broker's 'I would' strategy," continues Finzi. "The RealTick EMS is built on a 'best in class' technology infrastructure, offers reliable data and the robust operations, service and support capabilities our clients demand."