SOURCE: Pipeline Trading Systems

June 03, 2009 10:14 ET

Pipeline Supercharges the Algorithm Switching Engine

Upgraded Performance Gives Buy-Side Traders Additional Liquidity

NEW YORK, NY--(Marketwire - June 3, 2009) - Pipeline Trading Systems LLC announced an upgrade to the high-speed performance of its Algorithm Switching Engine™. The new release gives traders a far greater velocity range and more control over optimizing aggression levels as they drive the execution process to completion -- taking liquidity when they believe the market is right.

"When executing a giant trade, capturing liquidity opportunities often takes precedence over short-term price improvement," said Henri Waelbroeck, Ph.D., Pipeline's director of research. "By combining predictive switching with access to high speed trading across all significant dark pools and displayed markets, the buy-side trader can maximize liquidity capture at specific points on the chart."

Utilizing proprietary predictive switching technology, the Algorithm Switching Engine continuously analyses thousands of real-time market data points and switches amongst 120 premium algorithm strategies to deliver the best execution value. Research has demonstrated that predictive switching improves implementation shortfall results by 30% over the use of a single algorithm throughout the execution of a large order.

In its new release of the Algorithm Switching Engine, Pipeline clients will experience the enhanced performance immediately.

About Pipeline

Pipeline enables block traders to optimize the execution of large orders while denying competitors the information needed to take advantage of them. Pipeline is the only block execution system that combines the high probability of block liquidity with the unmatched performance of predictive switching between best of breed algorithms. The Pipeline system delivers impact-free block liquidity in the face of increasingly sophisticated predators. Pipeline is headquartered in New York with offices in Boston, Chicago, San Francisco and now, London. Pipeline is a member of FINRA and SIPC. For more information, visit http://www.pipelinetrading.com.

Contact Information

  • Contacts:
    Brian Holland
    Pipeline Trading Systems LLC
    (212) 370-8326
    Email Contact

    Bill Haynes
    BackBay Communications
    (617) 556-9982 x224
    Email Contact