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Screenshot of a breaking news alert e-mail from Q2 2017
itarle AG (itarle), a leading provider of multi asset algorithmic trading and analytics services for the sell-side, today announced it has established an algorithmic trading service bureau at the Equinix ZH4 data centre in Zurich. Switzerland is also where itarle Global HQ is located along with offices in Dublin and Hong Kong.
This latest service has been introduced in response to demand from Swiss-based market participants who need an electronic presence close to SIX Swiss Exchange, where the majority of trading in Swiss equities continues to be executed.
itarle provides algorithmic trading, smart order routing and transaction cost analysis services to sell-side firms executing transactions on global equity and futures exchanges. The unique itarle service enables clients to trade using their own exchange memberships and existing connectivity channels.
Paul Lynch, CEO of itarle commented:
“Opening a service bureau next to the exchange with the most liquidity in Switzerland is a logical extension to our services.” He added, “This expansion continues a strong growth momentum for the company and is an important part of our strategic plans for 2016.”
In Forex trading, itarle provides algorithmic trading services on all major FX markets including EBS, FXall and major broker internal pools of liquidity. The firm also offers the ability to trade orders in other asset classes with an FX ‘overlay’. This enables clients to trade orders and incorporate automated real-time FX hedging features.