Credit Suisse launches algorithmic trading In India
First Published Monday, 22 June 2009 from Automated Trader : Algorithmic Trading News
Credit Suisse announces launch of algorithmic trading In Indian equities
Brook Teeter, Head of AES Sales for Asia Pacific, Credit Suisse: "Investors will be able to automate their trading strategies and customize the algorithms to serve their objectives."
Credit Suisse's Advanced Execution Services (AES®) unit has launched algorithmic trading in Indian equities. Credit Suisse clients should now be able to employ a comprehensive range of AES® algorithmic trading strategies for Indian equities, which should allow them to trade more efficiently and achieve best execution.
"Sophisticated liquidity-seeking algorithms will help deliver better execution to clients trading Indian equities," said Brook Teeter, Head of AES Sales for Asia Pacific. "Investors will be able to automate their trading strategies and customize the algorithms to serve their objectives. This will help them reduce signaling risk and market impact and to access liquidity at the optimal price."
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