Convergex Named “Best Algorithmic Trading Provider” in 2016 Waters Rankings

July 15, 2016 By Convergex

Waters_Rankings-1.jpgConvergex has won the 2016 Waters Rankings Awards in the category of “Best Algorithmic Trading Provider.” 

Waters Rankings 2016, hosted by Waters magazine and WatersTechnology.com, recognizes excellence across different categories including Trading Services, Trading Tools, Data Management, Compliance and Risk management.  Category winners are determined exclusively by readers of Waters magazine andWatersTechnology.com.

“Convergex’s diverse suite of algorithms enables traders to access over 100 global markets while optimizing performance and minimizing market impact,” said Eric W. Noll, Convergex President and CEO. “It is especially gratifying to be recognized as the Best Algorithmic Trading Provider as Convergex strives to create innovative and useful trading solutions that meet the needs of our clients,” said Noll.

Convergex offers a broad suite of algorithms that provide both buy-side and sell-side traders with greater control over trade execution in global markets.  They are designed to increase flexibility while addressing cost, timing, performance, transparency and market structure.

Convergex’s Featured Algorithms
Small Cap Algorithm - Maximizes liquidity in less liquid names while simultaneously minimizing market impact

Darkest Algorithm - Dynamically sources liquidity from over 20 non-displayed ATSs while maintaining anonymity

ABRAXASSM Algorithm - Balances orders among the most desirable global market venues, efficiently accessing numerous sources of displayed and non-displayed liquidity

Learn More about our Algorithms here

Topics: Convergex Blog

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