Clearpool Awarded Best Algorithmic Trading Provider

Posted by Clearpool on Jul 11, 2019 3:49:48 PM

Clearpool was awarded Best Algorithmic Trading Provider at the 17th annual Waters Rankings that took place at the Manhattan Penthouse on July 10, 2019. Accepting the award at the ceremony, Brian Schaeffer, Clearpool's Co-Founder and President, said "We are humbled and honored to receive this recognition. This is a testament to all the hard work the dedicated team at Clearpool has put in to bring our truly unique trading solutions to market."

This year, the Waters Rankings featured 33 individual categories, split into five sections: Trading Services; Trading Tools; Data Management; Compliance, Risk Management and the Back Office; and Infrastructure and Connectivity. The Waters Rankings aims to reflect how financial technology professionals view their peers in terms of overall quality of service, so they open their survey up to any vendor, consultancy or service provider, while limiting voting from public relations and marketing firms for their own clients and votes from employees for their own companies.

To become ‘Best Algorithmic Trading Provider,’ Clearpool has been focused on delivering products and services that address the microstructure trends affecting clients today. While transparency has always been one of our foundational pillars, the current regulatory environment is accelerating the demand for transparency and the buy side’s need to clearly understand where their brokers are routing orders.
We continue to increase the level of transparency available to our broker-dealer partners and their buy-side clients with the real-time analytics and sharing functionality available in Clearpool’s Algorithmic Management System (AMS), through the launch of our historical Venue Analysis product, and most recently with the appointment of Dave Cushing, a pioneer of TCA, as an advisor to Clearpool who will help drive our future analytics product offerings.

We continue to deliver this transparency alongside the control the sell-side needs to customize their algorithmic trading strategies and routing protocols. Clearpool provides the sell side with the tools required to become ‘execution consultants’ for their buy-side clients, allowing them to collaborate and deliver customized solutions that help them achieve best ex. This differentiation among the broker-dealer community also helps them earn their share of the $4.4 billion in equity commissions, according to Greenwich Associates, that is up for grabs this year.

Clearpool was also recognized as Best Algorithmic Trading Company at the Markets Media 2019 Markets Choice Awards held in April. We look forward to continuing to deliver best-in-class solutions to the US and Canadian equities markets and expanding to new regions and asset classes in the future.


Topics: Corporate

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