The two firms have published research on using quantum computers in pricing algorithms.
The decision to reschedule the launch of the ECMS was due to the need for additional preparation.
Trajectory crossing exists in the US but Cboe BIDS VWAP-X is the first service of this kind in Europe.
Benchmark crossing in EMEA should improve the ability for algos to find high quality counterpart liquidity.
Fox River will complement Clear Street's cloud-native prime brokerage platform.
TT Splice provides industry-first functionality for synthetic multi-leg spread trading.
Modern wheels can incorporate many different data points.
Asset managers leave money on the table when using VWAP algos for low-urgency orders.
The firm is leveraging its newly acquired quantitative trading expertise to generate new client algorithms.