Algorithmic trading

Automated trading strategies powered by cutting-edge technology

Why use algorithmic trading?

Reduced price impact

Your order is split into randomised units to minimise visibility and execute gradually

Automated trading

Rely on cutting-edge trading strategies to monitor the order book and manage execution

Targeted price arrivals

Use an algorithm to carry out your order according to a price target and time frame determined by you

Advanced technology

Use investment bank technology to combat gaming and reduce signalling

Greater liquidity

Benefit from access to greater liquidity across lit and dark execution venues

Free to use

Add advanced algorithmic strategies to your trading at no extra cost

Why should I use algorithmic trading?

I want a system that monitors and amends trades to my specifications

Set the parameters of your order and allow the algorithm to analyse the order book and respond to trading opportunities as they arise

I want greater liquidity at a fair price

Gain access to multiple execution venues at no extra cost, reducing the price impact of your order and improving its chances of getting filled

I want a low maintenance trading strategy

Choose an algorithm to suit your needs, and rely on advanced technology to trade on your behalf and maximise your opportunities in the market

Minimum requirements

Minimum notional £10k equivalent per order
CFD only
VWAP, TWAP and Volume in Line strategies available

Choose from three trading strategies

Designed to take advantage of market conditions more efficiently, use sophisticated algorithms to fill large orders with minimal price impact.

Volume Weighted Average Price (VWAP)

This algorithm is designed to target the VWAP benchmark between the specified start and end time. This is achieved by selecting the expected volume profile over the time period.

Required:

Size of order

Configurable:

Limit (including limit price) or market
Start and end time, with the option to participate in opening and closing auctions

Optional:

Completion price
Percentage of volume

Time Weighted Average Price (TWAP)

This strategy is measured to a linear execution profile over a specified time period (min duration one minute). It uses ‘discretion’ when executing your order, thus reducing the number of times it has to cross the spread.

Required:

Size of order

Configurable:

Limit (including limit price) or market
Start and end time, with the option to participate in opening and closing auctions

Optional:

Completion price
Percentage of volume

Volume In Line

Attempts to target a market volume participation rate set by you, ranging from 1%-50% for UK and European shares, and up to 99% for US and Canadian stocks. Repeatedly crossing the spread to maintain the target would harm execution quality so this algorithm is allowed to take advantage of favourable conditions and avoid unfavourable ones.

Required:

Size of order
Percentage of volume

Configurable:

Limit (including limit price) or market
Start and end time, with the option to participate in opening and closing auctions

Optional:

Completion price

 

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