Automated Trading

Automation includes a full pre-trade logic engine, automated actions such as booking/allocations, post-trade message management, complex algorithms, and SOR, which acts as the most critical tool. This is all built within flexible workflows that adapt to your trading operations and goals.

As the market moves, the trading logic uses all the different data to update the decision tree. The trader has powerful tools to monitor the overall exceptions that impact the trading flow; it includes supervision front-end to monitor abnormalities – e.g., orders that stay too long to execute, paused algorithms, or the Venue Rejects; multi-channel alerting mechanisms; and administration front- end to change in real-time any state machine/algorithm.

At any time, the trader is in control of the overall process: starting from the granular (order-by-order), rolling up to the holistic view of the trading built-in intuitive representations. Traders and admins can then take control of every single order/algorithm; for instance, an algorithm can be paused/restarted with minimal risk taken. The exception management concepts provide the ability to focus on what is important and need attention, and to understand how the trading is progressing on the platform. Finally, it has the ability to self-manage / administrate the parameters and logic of the risk, OMS, routing, and algorithms. Every change is immediately taken by the platform.

With over 14 years of experience, Quod Financial offers the most powerful and customizable Smart Order Routing solution available in the market in the Americas, Europe, Middle-East, and Asia. Quod's Lit/Dark Smart Order Router uses real-time data including AI/ML analysis of markets to take microsecond-based execution decisions. Our SOR can be configured using a real-time web interface that allows for highly customized strategies using 450+ parameters.