Quantitative Brokers, InfoReach Announce First EMS Integration for Intelligent Options Execution
JULY 26, 2023 - New York, NY – Quantitative Brokers (QB) – a leading provider of advanced execution algorithms and data-driven analytics for global futures, options, and OTC fixed income markets – today announced the integration of its Striker options execution algorithm into the first third-party execution management system (EMS) application, InfoReach, Inc., a global provider of high-performance electronic trading technology for capital markets.
Striker is QB's premier options on futures execution algorithm which can be supported by any FCM or executing broker. Striker provides institutional users with an unparalleled level of pre-trade market transparency, price discovery, and execution precision that surpass human capabilities. Striker empowers traders to maximize their execution performance, trading within minimum tick increments, contributing to alpha and gearing. The integration with InfoReach announced today expands access to Striker's revolutionary options trading approach.
"With Striker now available through InfoReach's multi-asset EMS solution, traders of options on futures can experience a remarkable boost in execution edge and productivity, delivering the latest advancements at their fingertips," said Kyle Brinson, QB's Head of Options. "The end-user simply has to click to trade on enhanced pricing, saving the user money while simplifying workflow and downstream processes."
“InfoReach has repeatedly been an early adopter of QB algorithms. This time, we've taken algorithm integration to a new level of sophistication, moving beyond the traditional approach of having the vendor implement the broker's algorithm specifications. Instead, QB and InfoReach designed and implemented an integration protocol that makes every aspect of Striker functionality available to InfoReach TMS traders, from synthetic market data feed to multi-leg order execution," said Allen Zaydlin, InfoReach CEO.
Striker is now available on InfoReach, in addition to QB’s proprietary App on Bloomberg. Striker, like all QB algorithms, is uniquely engineered as an FCM-neutral workflow solution. Coverage is 24 hours and has been expanded to support weekly and monthly options in US Treasuries and SOFR contracts, Gold, Crude Oil, Natural Gas, and Corn. Additional products are being continuously onboarded, driven by client demand.
About Quantitative Brokers (QB):
Quantitative Brokers (QB), an independent, global financial technology company, provides advanced algorithms and data-driven analytics to clients in the Futures, US Cash Treasury and Options markets. The company is built on a research-driven culture, market microstructure know-how, and algorithmic engineering expertise. QB continually develops and innovates an evolving suite of products to reduce implicit client trading costs. Headquartered in midtown Manhattan, QB has branch offices in London, Sydney, and Chennai. QB is part of the Deutsche Börse Group.
QB currently supports the world’s largest exchanges, covering over 100+ futures instruments and US Cash Treasury markets. QB’s robust suite of premium algorithms — Bolt, Strobe, Legger, Closer, Octane, The Roll and Striker — help futures and fixed-income traders achieve best execution, while reducing implicit trading costs. QB’s algorithms are provided in common EMS/OMS platforms, via the firm’s proprietary application on the Bloomberg App Portal, or directly via FIX.
InfoReach is an independent provider of multi-asset broker-neutral software solutions for electronic trading, including OMS and EMS platforms for global equities, futures, options, forex, and fixed income. InfoReach's team delivers high-performance technology with high-touch support. InfoReach tailors the buy-side and sell-side client systems to accommodate current and future needs. They are configurable to provide unique adaptations without adding development time and costs.
For more than 25 years, InfoReach has helped clients to improve their trade execution process and performance with efficient design and support of consolidated trading tools and a global connectivity network. InfoReach is a privately held company headquartered in Chicago, with offices in New York, Amsterdam, and Sao Paulo. For more information, visit https://www.inforeachinc.com Follow us on Twitter @InfoReach and check our blog for informational content.
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