SERVICES

Large orders are like people

Large orders are like people: no two are exactly alike, but similar orders tend to behave in similar ways under similar market conditions. Orders and markets do not always behave logically (like people), but there are detectable patterns of behavior, and therefore opportunities to predict.

Alpha Pro predicts your order's future by finding parallels in the past. It predicts whether its price is going to trend in or away over the hours (and days) following arrival, or not trend at all: alpha or no alpha, in a nutshell.

Alpha or no alpha? This is useful information, because a trader who controls the speed of execution according to an accurate alpha prediction will outperform one who does not. Alpha Pro gives you critical information to help you choose a trading strategy that can achieve your goals, and gives you a rationale to help you communicate the reasons for your choice. It looks at your order on arrival, looks at market conditions, looks at a database of historical trades, performs an analysis, recommends a trading strategy, and tells you why, all in a few seconds.

But that's not all. Alpha Pro will execute your order as well, applying predictive analytics to choose a sequence of algorithms to execute your strategy over the life of the order, protecting your trade from adverse selection (from HFT, for example) while controlling your trading speed according to your strategy.

What's new in Aritas Alpha Pro

  • Alpha Pro now tailors its strategy recommendations and execution methods to optimize returns to benchmarks you specify.

  • Alpha Pro now gives you a choice of alternative execution strategies when you don't agree with the recommended strategy.

  • Alpha Pro now provides immediate details on the factors driving every strategy recommendation.

  • Many of Alpha Pro's strategies have been refined and improved, based on extensive execution experience.

Pipeline serves institutional trading desks intent on maximizing their contribution to alpha capture, working with traders to customize order execution tools