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.
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
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.
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.
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
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 New York, London, Hong Kong and Switzerland. If you'd like to get in touch, please contact one of the offices directly or fill out the contact form.
Hong Kong
Itarle (Hong Kong) Ltd 1602, 16/F 100 Queen’s Road Central Hong Kong SAR
P: +852 3491 4518 E: asia@itarle.com
London
Itarle (UK) Ltd 4th Floor, Pinnacle House 23-26 St Dunstan's Hill London, EC3R 8HN
P: +44 20 3314 8534 E: europe@itarle.com
New York
Itarle (USA) LLC 5th Floor 1177 Avenue of the Americas New York, 10036
P: +1 332 233 4779, ext. 4779 E: sales@itarle.com
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 New York, London, Hong Kong and Switzerland. If you'd like to get in touch, please contact one of the offices directly or fill out the contact form.
Hong Kong
Itarle (Hong Kong) Ltd 1602, 16/F 100 Queen’s Road Central Hong Kong SAR
P: +852 3491 4518 E: asia@itarle.com
London
Itarle (UK) Ltd 4th Floor, Pinnacle House 23-26 St Dunstan's Hill London, EC3R 8HN
P: +44 20 3314 8534 E: europe@itarle.com
New York
Itarle (USA) LLC 5th Floor 1177 Avenue of the Americas New York, 10036
P: +1 332 233 4779, ext. 4779 E: sales@itarle.com
Switzerland
Itarle AG Hertensteinstrasse 51 Luzern Switzerland 6004, CH
P: +44 20 3314 8534 E: europe@itarle.com
Itarle is a leader in best execution, liquidity capture and analytics on over 100 global exchanges.