Quantitative Brokers Partners with Genesis Global to Advance Automated Trading

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Quantitative Brokers, the fintech company that uses
automated programs to execute trading orders, also known as algorithmic trading, has partnered with Genesis Global, an application development
platform that targets financial markets.</p><p>In an announcement
released on July 6, the collaboration will enable the two companies to enhance
transparency in algorithmic trading, create more value for traders, and enable
the Quantitative Brokers' clients to monitor the efficiency of their execution
algorithms.</p><p>Algorithm Performance
Management System</p><p>Additionally, the two companies will create a <a href="https://www.financemagnates.com/terms/t/trading-platform/" target="_blank">trading platform</a> for monitoring trades in assets such as futures, options, and the US Treasury securities. Besides that, the
partnership will enable the two companies to roll out customer support for its
global clients, Genesis Global said in the statement.</p><p>"This collaboration
enables us to deliver the next-generation platform to our clients, enabling them
to efficiently and effectively achieve their goals in today's rapidly evolving
financial markets, said Asset Tarabayev, the Chief Product Officer at
Quantitative Brokers.</p><p>"Real-time
understanding of <a href="https://www.financemagnates.com/terms/a/algo-trading/" target="_blank">algo performance</a> is crucial for traders, risk officers, and the portfolio managers. Our aim is to provide them with a powerful tool that offers
the visibility and the interaction they desire, "Tarabayev added. </p><p>Additionally, as part of
its plans to enhance transparency in automated trading, Quantitative Brokers
reportedly plans to launch a performance management platform in the fourth
quarter of the year. The system will be cloud-based and can be integrated
into the client's existing workflows.</p><p>Headquartered in New York, Quantitative Brokers focuses
on enabling futures and fixed-income traders achieve optimum execution of
their trades. Through its range of algorithms, including Bolt, Legger, The
Roll and Striker, Quantitative Brokers aims to reduce the cost of <a href="https://www.financemagnates.com/terms/a/automation/">automation</a>.</p><p>Quantitative Brokers
Appoints New Chair</p><p>Meanwhile, Matt O'Hara
succeeded Thomas Ascher as the Executive Chairman of the Board of Directirs at Quantitative
Brokers in May. O'Hara is the CEO of the Americas division of Deutsche Böerse's
foreign exchange <a href="https://www.financemagnates.com/terms/t/trading-platform/">trading platform</a>, <a href="https://www.financemagnates.com/tag/360t/" target="_blank" rel="follow">360T</a>.</p><p>Matt
O'Hara joined 360T in 2015 from Thomson Reuters, where he served as a Senior
Vice President and the Head of Capital Markets for the Americas. He is expected
to steer the company's growth in electronic trading.</p><p>CNMV's New Warning; Recurring Payments by Praxis; <a href="https://www.financemagnates.com/forex/news-nuggets-10-july-cnmvs-new-warning-recurring-payments-by-praxis/" target="_blank" rel="follow">read today's news nuggets</a>.</p>

This article was written by Jared Kirui at www.financemagnates.com.