Quantitative Brokers upgrades options on futures execution algorithm

Rick Steves

QB’s Striker offering currently supports Treasury and Eurodollar Interest Rate Options on Futures – with plans to expand to other asset classes soon.

new-york-city

Quantitative Brokers has come forward with its enhanced options on futures algo, Striker, a broker-neutral solution for futures markets.

QB is a leading provider of advanced execution algorithms and data-driven analytics for global futures and options and OTC Fixed Income markets. In December 2020, Deutsche Börse acquired a majority stake in QB.

Striker allows customers to participate in exchange increments, but the upgrade is a two-in-one-algo that allows professional traders to algorithmically seek out, display, and trade in-between minimum exchange tick increments.

The options on futures solution was first launched in April 2020 as a best execution agency algo for options on futures, incorporating both real-time cointegration and implied pricing calculations to determine fair value.

On top of that, the algorithm employs QB’s dynamic passive and aggressive child order placement logic, transparently displayed in QB’s complementary Transaction Cost Analysis (TCA) platform.

Christian Hauff, Co-Founder and CEO at Quantitative Brokers, said: “QB has created a completely different kind of algo. Since the release of Striker last year, the QB team has conducted further quantitative research and development to detect and capture price improvement by leveraging the complex microstructure of the listed options market. Striker 2.0 provides traders the ability to dynamically trade exchange tick increments and capture true Fair Value between minimum tick increments, automating a laborious, time-consuming critical function.”

QB’s Striker offering currently supports Treasury and Eurodollar Interest Rate Options on Futures – with plans to expand to other asset classes soon.

Striker is accessible through the numerous OEMS platforms that QB is integrated with, including QB’s proprietary application on the Bloomberg App Portal.

Quantitative Brokers is headquartered in New York and has offices in London, Sydney, and Chennai, as it caters algos products for both central limit order books and OTC liquidity streams accessible via all major execution and order management systems used by the buy-side, banks, and brokerage houses.

QB provides advanced algorithms and data-driven pre- and post-trade analytics to clients in the Futures, Options and interest rate markets.

The firm has recently expanded in the Asia Pacific region by launching its suite of execution algorithms on the Singapore Exchange (SGX) derivatives market.

The addition of SGX is part of QB’s expansion across the Asia-Pacific region. The Sydney office was opened in late 2018 ahead of launching its services on the Australian Securities Exchange (ASX) derivatives exchange.

  • Read this next

    Fintech

    AU10TIX launches KYB solution to address regulatory requirements

    “Our customers have been requesting a comprehensive KYB solution, because money laundering and fraud have become far too prevalent in the corporate world. Our unified KYB/KYC solution is essential for identifying bad actors and maintaining a safe business environment in 2024.”

    Digital Assets

    Japan Is Rapidly Emerging As A Global Leader In Compliant Crypto Payments

    Japan is often hailed as one of the most forward-thinking nations in the crypto industry, with its government taking a very positive stance on the potential of concepts such as Web3. 

    Digital Assets

    Kraken launches institutional arm

    “If you already work with Kraken, you know how much we care about offering high quality products and a client-first experience. We’ve been the leading crypto exchange for more than a decade and through Kraken Institutional, we’ll offer the same deep expertise and cutting-edge technology to propel trading excellence for institutions.”

    Fintech

    Centroid integrates with brokerage solutions provider GTN

    “We are thrilled to integrate GTN into Centroid Bridge, our multi-asset connectivity bridging engine. This integration allows our clients to gain access to the wide range of multi-asset products offered by GTN.”

    Podcasts, Women of the Industry

    FF Podcast delves into the rise of prop trading as Brokeree releases Prop Pulse

    In the latest FinanceFeeds Podcast, Tatiana Pilipenko discusses Prop Pulse, Brokeree Solutions’ platform for prop firms and retail brokers aiming to delve into prop trading. Offering a flat fee structure, Prop Pulse emerges as a scalable solution in an era where successful traders increasingly prefer prop firms over traditional retail brokers.

    Inside View

    Scalping or day trading?

    Among the many popular trading styles with both beginners and experienced traders are scalping, which allows you to extract small portions of profit from each price movement, and day trading, which aims to trade over a single day. In this article, you will learn what scalping and day trading are and their differences and peculiarities. Ultimately, you will learn what to look for to understand which trading style is right for you.

    Crypto Insider

    Unveiling Plasma Next: INTMAX’s Solution to Scale Ethereum with Stateless Layer

     INTMAX has launched Plasma Next on the mainnet α, a groundbreaking Layer 2 zkRollup, revealed by co-founder Leona Hioki at ETH Denver. This innovation offers scalability with constant costs per block, merging Plasma’s scalability goals with zkRollups’ security.

    Fintech

    Nuam selects Vermiculus for clearing system in Chile, Colombia, and Peru

    “We are proud to deliver a system that plays an integral role in the core of this historical merger, empowering one of Latin America’s most crucial markets with VeriClear’s state-of-the-art technology, together with our deep market expertise.”

    Retail FX

    Moomoo launches super app in Malaysia

    “As an investment platform connecting 21 million retail investors globally, we envision collaborating with exchanges, regulatory bodies, and partners in the visible future to become the gateway, connecting Malaysia’s investment products to global capital and investors.”

    <