Glossary
algo wheel
best exeuction
dark pool / liquidity seeking / trading venue
electronic sales trading
These traders don't take any position. They just help client execute orders in an electronic way.
- Direct Market Access
Client sends orders to broker, where broker directly sents client's order to the exchange for ultra low latency trading.
- FIX, SWIFT
UBS Algorithmic Trading
- UBS: Europe Largest Broker
- 不过香港整个公司投入的多,欧洲这边主场优势。所以能够吸引到一部分flow,flow多了,dark pool match起来也有了优势,很多美国客户也是冲着瑞银在hk,欧洲的flow优势来的。
- systems used globally by Equities and FX. UBS consistently ranks number one in client surveys for the quality of those systems, which are co-developed by teams in all three main regions.
What does Electronic Sales do?
Marketing: What do you want to sell to your clients.
What does Electronic Trader do?
- Provide execution consultancy to clients
- Monitor client orders