Global Best Execution

Itarle is a leader in best execution algorithms, optimal liquidity capture and transaction cost analysis on over 100 global electronic exchanges.
About Itarle

Global Best Execution

Itarle is a leader in best execution algorithms, optimal liquidity capture and transaction cost analysis on over 100 global electronic exchanges.
About Itarle

Itarle is hiring!

Itarle has innovative, challenging and rewarding job opportunities across global locations.
Careers

Itarle is hiring!

Itarle has innovative, challenging and rewarding job opportunities across global locations.
Careers

Mission, Purpose 
and Delivery

Whilst many regulatory and technological changes have occurred over the past nineteen years, the Itarle mission has remained consistent.

The Itarle mission is to improve execution price performance, increase trading floor productivity and analyse the execution process to provide accountability to the end user.

Using a powerful combination of market microstructure models, liquidity prediction and game theory logic, Itarle delivers on this mission using highly robust, scalable and adaptive best execution algorithms, optimal liquidity capture and transaction cost analysis across global markets and asset classes.

Transaction Cost Analysis

Transparency and accountability are powerful concepts in all aspects of life. In financial markets it is vital to uphold these principles to monitor how well algorithms are performing along with researching post trade data to look for patterns that may lead to superior alpha capture.

Itarle is a data driven company and therefore Transaction Cost Analysis (TCA) is at the heart of its ongoing Research and Development program. Core microstructure research, back testing, live monitoring and post trade transaction costs analysis is a crucial service to ensure that Itarle remains a leader in best execution.
Request a TCA demo
transaction cost analysis tables and graph on dashboard

Best Execution Algorithms

Alpha has always been a scarce commodity. More so over the past 10 years due to increasing computer power, access to large data sets and increasing demand from growing assets under management.

To ‘lock in’ alpha you need to be able to reduce the impact cost. This typically involves segmenting a large order into a sequence of smaller orders. These techniques have come to be known as ‘Best Execution Algorithms’.

From Futures in Chicago, to trading cash equities in London, to Bonds on Eurex in Frankfurt and back to cash equities in Japan, and much more in between, Itarle Best Execution Algorithms are leaders in reducing trading impact costs across over 75 exchange market micro structures.
execution algorithm graphs displayed on a tablet

Optimal Liquidity Capture

Capturing liquidity is also key to ‘locking in’ alpha. Balancing the size of an order with the displayed quotes on an exchange venue is a delicate art. This task has been made more problematic by trading fungible instruments across multiple venues at different trading fees.

The Itarle Liquidity Capture algorithms can work across multiple exchanges and regions, lit and dark pools along with market makers and systematic internalisers.

The combination of market microstructure models, liquidity prediction and game theory logic provides a powerful service that can identify and capture liquidity opportunities across multiple asset classes.
optimal liquidity capture network diagram
transaction cost analysis tables and graph on dashboard

Transaction Cost Analysis

Transparency and accountability are powerful concepts in all aspects of life. In financial markets it is vital to uphold these principles to monitor how well algorithms are performing along with researching post trade data to look for patterns that may lead to superior alpha capture.

Itarle is a data driven company and therefore Transaction Cost Analysis (TCA) is at the heart of its ongoing Research and Development program. Core microstructure research, back testing, live monitoring and post trade transaction costs analysis is a crucial service to ensure that Itarle remains a leader in best execution.
Request a TCA demo
execution algorithm graphs displayed on a tablet

Best Execution Algorithms

Alpha has always been a scarce commodity. More so over the past 10 years due to increasing computer power, access to large data sets and increasing demand from growing assets under management.

To ‘lock in’ alpha you need to be able to reduce the impact cost. This typically involves segmenting a large order into a sequence of smaller orders. These techniques have come to be known as ‘Best Execution Algorithms’.

From Futures in Chicago, to trading cash equities in London, to Bonds on Eurex in Frankfurt and back to cash equities in Japan, and much more in between, Itarle Best Execution Algorithms are leaders in reducing trading impact costs across over 75 exchange market micro structures.
optimal liquidity capture network diagram

Optimal Liquidity Capture

Capturing liquidity is also key to ‘locking in’ alpha. Balancing the size of an order with the displayed quotes on an exchange venue is a delicate art. This task has been made more problematic by trading fungible instruments across multiple venues at different trading fees.

The Itarle Liquidity Capture algorithms can work across multiple exchanges and regions, lit and dark pools along with market makers and systematic internalisers.

The combination of market microstructure models, liquidity prediction and game theory logic provides a powerful service that can identify and capture liquidity opportunities across multiple asset classes.

Global offices

Itarle is a global company with offices in Hong Kong, London and Luzern. If you'd like to get in touch, please contact one of the offices directly or fill out the contact form.

view of the Hong Kong skyline on a sunny day

Hong Kong

Itarle (Hong Kong) Ltd
1602, 16/F
100 Queen’s Road Central
Hong Kong SAR

P: +852 3797 5109
E: asia@itarle.com
view of the London skyline on a sunny day

London

Itarle (UK) Ltd
34 Lime Street
London EC3M 7AT

P: +44 20 3314 8534
E: europe@itarle.com
view of the Luzern skyline on a sunny day

Switzerland

Itarle AG
Hertensteinstrasse 51
Luzern
Switzerland 6004, CH

P: +44 20 3314 8534
E: europe@itarle.com

Global offices

Itarle is a global company with offices in Hong Kong, London and Luzern. If you'd like to get in touch, please contact one of the offices directly or fill out the contact form.

view of the Hong Kong skyline on a sunny day

Hong Kong

Itarle (Hong Kong) Ltd
1602, 16/F
100 Queen’s Road Central
Hong Kong SAR

P: +852 3797 5109
E: asia@itarle.com
view of the London skyline on a sunny day

London

Itarle (UK) Ltd
34 Lime Street
London EC3M 7AT

P: +44 20 3314 8534
E: europe@itarle.com
view of the Luzern skyline on a sunny day

Switzerland

Itarle AG
Hertensteinstrasse 51
Luzern
Switzerland 6004, CH

P: +44 20 3314 8534
E: europe@itarle.com
Itarle logo in white
Itarle is a leader in best execution, liquidity capture and analytics on over 100 global exchanges.

Who we are

Approach
History

Contact

sales@itarle.com
Hong Kong +852 3797 5109
London +44 20 3314 8534
Luzern +44 20 3314 8534
Itarle logo in white
Itarle is a leader in best execution, liquidity capture and analytics on over 100 global exchanges.
Itarle logo in white
Itarle is a leader in best execution, liquidity capture and analytics on over 75 global exchanges.
Contactsales@itarle.com
Hong Kong 
+852 3491 4518
London 
+44 20 3314 8534
Luzern
+44 20 3314 8534

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