Algorithmic Trading Market, By Type (Institutional Investors, Retail Investors, Long-term Traders, Short-term Traders), By Deployment (Cloud-basedand On-premises), By Organization Size (Small and Medium Enterprises and Large Enterprises), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jul 2024

Code : CMI2476

Pages :166

Formats :

Excel and PDF

Industry : Information and Communication Technology

Key Developments

In June 2023, Virtu Financial introduced Alert+, a new workflow solution integrated within its POSIT Alert platform. Alert+ is designed to enhance the capabilities of POSIT Alert by providing automated routing to Virtu's Covert execution algorithm, enabling clients to more effectively access non-displayed liquidity in the market.
In June 2023, DoubleVerify, a leading provider of digital media measurement, data, and analytics solutions, announced the launch of DV Algorithmic Optimizer. This cutting-edge offering was developed in collaboration with Scibids, a global leader in artificial intelligence (AI) for digital marketing.
In June 2023, KuCoin Futures announced a new API partnership with Kryll, a leading platform for automated trading bot creation. This innovative partnership will revolutionize the futures trading experience by integrating Kryll's advanced algorithmic trading bots and TradingView signal features directly into the KuCoin Futures platform.
In October 2022, Multi Commodity Exchange of India Limited (MCX) extended its software support contract with 63 Moons Technologies for an additional three months to ensure uninterrupted trading operations. This was the third time MCX had approached 63 Moons to prolong the arrangement after the long-term contract ended on September 30, 2022. MCX had selected Tata Consultancy Services (TCS) as its new technology partner in February 2021, but delays in the delivery of the new trading platform by TCS forced MCX to continue relying on 63 Moons' software.
In October 2022, Refinitiv, a subsidiary of London Stock Exchange Group (LSEG), unveiled a global digital onboarding solution designed to help businesses streamline their customer onboarding processes in a secure, personalized, and seamless manner. The new offering provides organizations with a fully configurable user interface, enabling them to deliver a branded product application process through web, mobile, and API channels.
In March 2022, Cowen Inc., a diversified financial services firm, launched an enhanced algorithmic trading solution called the "Inaccessible Liquidity Adjustment" to help institutional clients adapt to the evolving U.S. equity market structure impacted by higher levels of retail trading.