ConvergEx Expands Asian Algo Access

bill-capuzzi-convergex

The New York-based technology provider also announced today that it has upgraded the underlying execution logic for its complete range of European and Asian algorithms. Using technology from its proprietary transaction cost analysis (TCA) engine, PerformEx, ConvergEx has enhanced the logic in these algorithms to more accurately predict the best location and timing to send an order to help customers seek to obtain best execution, according to officials.

"As growth in emerging markets accelerates

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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