SunGard Partners With Citigroup To Offer Equity Algorithmic Trading Strategies

SunGard announced that customers of Decalog order management system (OMS) can now access proprietary algorithmic trading strategies from Citigroup Corporate and Investment Banking. Traders can use Citigroup's algorithmic strategies directly from the Decalog OMS blotter. Decalog provides portfolio and trade

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SunGard announced that customers of Decalog order management system (OMS) can now access proprietary algorithmic trading strategies from Citigroup Corporate and Investment Banking.

Traders can use Citigroup’s algorithmic strategies directly from the Decalog OMS blotter. Decalog provides portfolio and trade order functionalities, helps streamline investment workflow and helps traders achieve best execution on local and cross-border trading operations.

“This partnership will help our customers to access and use some of the most advanced trading tools available to achieve best execution,” said Eyal Yaron, vice president of product management at SunGard’s Decalog business unit. “Citigroup’s algorithmic trading strategies are embedded within the Decalog 5.0 Trading Blotter which combines order routing details with the specifics of the algorithm’s unique parameters. Our customers are able to download new and custom algorithms directly to their trading blotter without the need for software upgrades thus enabling them to use new trading strategies as soon as they are published by Citigroup.”

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