Crédit Agricole

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Guillaume Carreno, Global Head of Electronic Client Connectivity
Credit Agricole
Broadwalk House,
5 Appold St,
London
EC2A 2DA

Algorithms Offered & Their Execution Styles
Names of key fx algo strategies:
XTX Execution Algo: Implementation Shortfall Algo
SWAN: Passive, Adaptive, Unbounded
OWL: Participation-based Algo
FALCON: Volume opportunistic Algo
EAGLE: Sweeping
TWAP: Schedule-based Algo

Our very complete algo suite will meet most clients expectations
Also available:
Customisation available
Supported currency pairs:
Most of our strategies are available in all G10 currencies and deliverable emerging market
currencies, including: CNH, CZK, DKK, HKD, HUF, ILS, MXN, PLN, RON, RUB, SGD, THB, TRY, ZAR.
Features & Functionality
Use of adaptive execution technology
Use of smart order routing SOR logic
Inflight execution modification possible
Algo flow permitted to cross with other clients algo flow
Simultaneous management of multiple strategies
Algo safety controls offered
Other associated services:
CACIB has partnered with XTX Markets to offer the XTX Execution Algo, a unique implementation shortfall strategy to minimize overall slippage to arrival price. XTX is one of the largest marketmakers in the world by volume and its ability to successfully forecast short-term price movements helps to reduce adverse selection when trading. XTX’s existing large volumes also provide attractive netting opportunities and help mask execution of large orders.
TCA / Analytics Offered
Post trade transaction performance
Real time TCA
Breakdown of child executions
Independent third party TCA
Other associated services:
Our in-house Transaction Cost Analysis helps you deep dive into your execution. Apart from seeing child order’s breakdown and their savings, it will also shows how effectively spread is captured. Performance benchmarks will let you analyse your execution and compare it to different Algo providers.
Distribution Channels Available
Other associated services:
Distribution available via BBG, FX Connect, 360T, FXall, Portware, Tradingscreen
Liquidity Access
Access to external sources
Access to internal sources
Liquidity source customisation available
Liquidity management toolsets offered
Other associated services:
CACIB’s excellent credit rating ensures access to deep liquidity across the market through our bi-lateral partnerships. The FX Algo desk is constantly reviewing venues by hit-ratios/ liquidity quality and many other analytics to ensure our liquidity pools are well managed. Clients can also have bespoke liquidity pools.
Service Offering
Segregated execution
Quantitative research
Trade execution consultancy
Facilitation of buy-side reporting
Benchmarks and investment product support
Other associated services:
There is a dedicated client algo desk located in LN (GMT) and in NY (EST) who will provide support, training and documentation on all algo related topics to internal/external clients.There is technical support (eRun team) and also customer support (via eSales team) in each region for ecommerce (LN (GMT) / NY (EST) / HK (HKT)). 24/5.5 Technical Support - There is technical support (eRun team) and also customer support (via eSales team) in each region for ecommerce (LN (GMT) / NY (EST) / HK (HKT) and TK (TKT).

ASSOCIATED ARTICLES & AUDIO/VISUAL RESOURCES