âThe addition of FutureTradeâs EMS enhances Jefferiesâ overall trading capabilities and is complementary to our suite of proprietary algorithmic trading strategies which include valuable features specific to small and mid-cap securities,â commented Ross Stevens, Co-head of Equity Products at Jefferies & Company, Inc. âAs a leading provider of liquidity and execution in small and mid-cap securities for a global clientele, we seek to offer world-class trading tools to our customers while maximizing execution opportunities and controlling risk.â
âWe are very excited to add Jefferies to our list of respected LiquidityPATH partners and look forward to working with Jefferies to enhance their electronic trading capabilities,â said Jim Kwiatkowski, executive vice president of FutureTrade. âWith the accelerated adoption of electronic trading by institutions, sophisticated electronic trading tools are essential components for institutional brokerages to compete in todayâs market.â
As an integral part of Jefferiesâ electronic trading offerings, FutureTradeâs functionality allows JETS users to easily employ a wide variety of complex direct market access and algorithmic trading strategies. Jefferies Quantitative Execution Strategies (QES) algorithms offered through JETS front end provide greater order control and flexibility, and include VWAP, Volume Participation, TWAP, Strike, Seek, Post, Impact Management Server (IMS), Corporate Buyback, and Custom Trading Strategies.
FutureTrade brings together market data, news, and analytics, along with portfolio and risk management elements in a comprehensive system, eliminating the need for multiple terminals and exchange data fees. The platform integrates with multiple data vendors and liquidity venues, offering a single point of access to multiple ECNs, exchanges and broker/dealers, improved efficiency and lower costs.