Sanford C. Bernstein Algorithmic Suite Integrates With Fidessa LatentZero EMS Workstation Jul 07, 2008 URL: http://www.advancedtrading.com/showArticle.jhtml?articleID=208802957
The suite of eight algorithms, already available on Fidessa LatentZero's OEMS, Minerva, will enable users of the EMS Workstation to reach multiple non-displayed liquidity venues with potential for price improvements and additional trading volumes while minimizing market impact. "As the European equity market continues to fragment, sophisticated and dynamic strategies are necessary to ensure best execution. Sanford C. Bernstein is an independent agency broker with its own research department, and our clients will be able to access multiple trading venues using its algorithms," said Russell Thornton, product marketing at Fidessa LatentZero, in a press release.
Fidessa LatentZero's EMS Workstation is a broker-neutral, low-latency trading application for equities and equity derivatives for global markets. The EMS Workstation can be used by asset managers, from small hedge funds to larger institutional managers, providing out-of-the-box access to a comprehensive set of brokers, algorithms and DMA venues, with integrated real-time, full-depth market-data with broker IOIs, news, charts and fundamentals. "We are delighted to be able to make our algorithm suite available to an even wider customer base through Fidessa LatentZero's EMS Workstation users. Sanford C. Bernstein has a history of independent thought leadership with its research and the benefits of this have been extended to our client base through our quantitative trading strategies and the flexibility of the EMS Workstation," said Mark Montgomery, vp algorithmic & program trading at Sanford C. Bernstein, in the release.