Competition for Canada’s algo clients heats up

June 2023 in Previous Features

Canada has a tight-knit financial community, a strong focus on best execution and a degree of sophistication not often found in other markets. These factors taken together mean that algo usage is gradually coming on stream. Meanwhile, the competition among providers is fierce.

Definitions There are many definitions of robustness but for clarity sake and in order to do some generalization by robustness here we assume the ability of a trading strategy to at least withstand and at best adapt to changes in the trading environment. And by trading environment we assume all factors that eventually affect the trading quality, and these factors can essentially be classified into three major important groups: infrastructure, liquidity and regulations. If put a bit simpler, robustness assessment Definitions There are many definitions of robustness but for clarity sake and in order to do some generalization by robustness here we assume the ability of a trading strategy to at least withstand and at best adapt to changes in the trading environment. And by trading environment we assume all factors that eventually affect the trading quality, and these factors can essentially be classified into three major important groups: infrastructure, liquidity and regulations. If put a bit simpler, robustness assessment

Definitions There are many definitions of robustness but for clarity sake and in order to do some generalization by robustness here we assume the ability of a trading strategy to at least withstand and at best adapt to changes in the trading environment. And by trading environment we assume all factors that eventually affect the trading quality, and these factors can essentially be classified into three major important groups: infrastructure, liquidity and regulations. If put a bit simpler, robustness assessment

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