TS Imagine adds CLSA’s AI-powered European algo suite to its list of certified brokers
“The Adaptive AI within our algo suite can significantly improve client execution and offers a customizable platform to manage all trading scenarios. Our AI can correctly predict price direction information for 40% of a stocks trading day with a 90% accuracy rate.”
TS Imagine has added CLSA’s AI-powered European algo suite to TradeSmart, which features pre-certified connections to over 250 listed brokers and venues, in addition to broker algos.
TradeSmart provides access to a broad spectrum of trading opportunities and liquidity sources for buy-side participants. The addition of CLSA’s AI-powered European algo suite furthers TS Imagine’s commitment to offering the latest and most sophisticated trading tools as a provider of cross-asset provider of trading, portfolio, and risk management solutions.
CLSA’s algo suite uses neural networks and dynamic execution planning
By integrating CLSA’s algo suite, investment managers who are connected to TradeSmart will be able to take advantage of CLSA’s proprietary AI technology which empowers the algos to learn as they trade.
The algo suite uses neural networks and dynamic execution planning, including prediction, detection, and stock clustering of order book behavior.
CLSA’s algos adjust to individual strategy components and modify underlying strategy behavior in response to changing market conditions throughout the trading session.
“Leveraging standard curves and simplified trading models is no longer adequate”
Chris Hollands, Head of Sales for EMEA and North America at TS Imagine, said: “CLSA is a pioneer in the use of AI and provides best-in-class algo trading solutions throughout Asia. These models have now been fully customized and tested for EMEA markets, and we are thrilled to make them available to the buy-side through TradeSmart.”
Stephen Ashton, Head of European Equity Trading at CLSA, commented: “Over the last few years, we have seen an increase in fragmentation, complexity, and volatility within the EMEA trading landscape, which continues to cause market distortion and subsequently has had an impact on algo performance. Leveraging standard curves and simplified trading models is no longer adequate to react to this changeable, challenging, and dynamic environment. Our Adaptive AI underpins our algorithmic offering, which monitors, evaluates, reacts and proactively capitalizes on the enormous variety of market signals broadcast in real time.”
Chris Fink, Senior Sales Director at CLSA, added: “The Adaptive AI within our algo suite can significantly improve client execution and offers a customizable platform to manage all trading scenarios. Our AI can correctly predict price direction information for 40% of a stocks trading day with a 90% accuracy rate. Combined with competitive pricing, high-touch service levels and bespoke customization, the CLSA’s AI-powered European algo suite is a powerful toolset for both buy side and sell side traders.”
