The Miletus Strategy EnginesTM, now part of Linedataâs Liquidity Alliance Program that provides seamless access to liquidity pools across all asset classes, range from the most advanced basket algorithms to traditional single stock strategies. Miletusâ advanced execution logic works with real-time analytics and a wide array of liquidity sources enabling the algorithms to rapidly react to changing market conditions and quickly take advantage of opportunities.
Designed to help buy-side traders understand and control market impact and transaction costs, the Miletus Trade Impact EstimatorTM (TIE) generates expected market impact and timing risk estimates, analysis of difficult trades, recommended optimal trading strategies, and detailed risk analysis. TIE is built around a quantitative model and incorporates real-time data inputs to provide more accurate estimates.
âMiletus Tradingâs technologically sophisticated approach to algorithmic trading and pre-trade analytics is a welcome addition to Linedata's Liquidity Alliance Program,â said Annie Morris, Senior Vice President, Business Development at Linedata Services. âThis integration further demonstrates Linedata's commitment to seamlessly integrate the industry's best sources of liquidity with LongView Trading.â
LongView Trading supports equities, fixed income, money markets, foreign exchange, funds, options, futures and swaps.
âWe are delighted to be working with Linedata on this initiative,â said Richard Johnson, Senior Managing Director at Miletus Trading. âThis new relationship with Linedata will provide our clients with streamlined access to our algorithms and pre-trade analytics, and reinforces our continued commitment to providing better customer service for our clients.â