Quantitative Brokers, InfoReach Announce First EMS Integration for Intelligent Options Execution
2023-07-27Quantitative Brokers (QB) -- a leading provider of advanced execution algorithms and data-driven analytics for global futures, options, and OTC fixed income markets – today announced the integration of its Striker options execution algorithm into the first third-party execution management system (EMS) application, InfoReach, Inc., a global provider of high-performance electronic trading technology for capital markets.
Striker is QB's premier options on futures execution algorithm which can be supported by any FCM or executing broker. Striker provides institutional users with an unparalleled level of pre-trade market transparency, price discovery, and execution precision that surpass human capabilities. Striker empowers traders to maximize their execution performance, trading within minimum tick increments, contributing to alpha and gearing. The integration with InfoReach announced today expands access to Striker's revolutionary options trading approach.
"With Striker now available through InfoReach's multi-asset EMS solution, traders of options on futures can experience a remarkable boost in execution edge and productivity, delivering the latest advancements at their fingertips," said Kyle Brinson, QB's Head of Options. "The end-user simply has to click to trade on enhanced pricing, saving the user money while simplifying workflow and downstream processes."
“InfoReach has repeatedly been an early adopter of QB algorithms. This time, we've taken algorithm integration to a new level of sophistication, moving beyond the traditional approach of having the vendor implement the broker's algorithm specifications. Instead, QB and InfoReach designed and implemented an integration protocol that makes every aspect of Striker functionality available to InfoReach TMS traders, from synthetic market data feed to multi-leg order execution," said Allen Zaydlin, InfoReach CEO.
Striker is now available on InfoReach, in addition to QB’s proprietary App on Bloomberg. Striker, like all QB algorithms, is uniquely engineered as an FCM-neutral workflow solution. Coverage is 24 hours and has been expanded to support weekly and monthly options in US Treasuries and SOFR contracts, Gold, Crude Oil, Natural Gas, and Corn. Additional products are being continuously onboarded, driven by client demand.
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