Key Considerations in Selecting an Algorithmic Trading Provider

Algorithmic trading has become a part of the mainstream in response to buy-side traders9 need to move large blocks of shares with minimum market impact in today9s complex institutional trading environment. With myriad service providers in the marketplace, the decision about which algorithmic trading service provider to select can be challenging for many buy-side firms and is dependent upon several key factors. The authors present an overview of the key providers in the marketplace and the variables that affect the decision to buy or build. While algorithmic trading relies on technology, in the end, working with a committed and experienced team, coupled with a “white glove” service, appears to be the right combination for those firms trying to avoid being left behind.