UBS has unveiled an algorithmic trading service for clients trading equities listed on Canadian and U.S. exchanges. The move will provide clients access to more liquidity in inter-listed stocks as well as better price settlement options through UBS’ FX network. Traders will be able to track stock volumes on the Canadian and U.S. markets simultaneously with the service. Clients will notice an improvement in overall liquidity and reduction in the risks of opportunity cost and negative selection.
Click here for the release from PR Newswire.