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Christian Gressel, Head of FX Algo Execution
5 Broadgate, London EC2M 2QS
Algorithms Offered & Their Execution Styles
Names of key fx algo strategies:
Orca Direct: Sweeping
Tap: Participation-based
Float: Passive
TWAP: Schedule-based
VWAP: Schedule-based

Also available:
Customisation available
Supported currency pairs:
All Major FX deliverable currency pairs and select precious metals are supported with the ability to choose from multiple liquidity options. However, UBS liquidity may be the only option available for less traded crosses.
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
Algo safety controls offered
Other associated services:
We offer clients a number of curated liquidity options, which can be selected via the ticket at order entry and changed at any point throughout the life-cycle of an algo order. In addition to the ability of changing the liquidity of an order it’s trading against, clients also have full flexibility to amend parameters or even the strategy itself at any point during the lifecycle of an order.
TCA / Analytics Offered
Pre trade analytics
Post trade transaction performance
Breakdown of child executions
Independent third party TCA
Other associated services:
Pre-trade analytics via UBS NEO or on request via the algo coverage desk.
STP trade and order notifications/confirmations.
Distribution Channels Available
Proprietary platform
Direct FIX/API
Via third party platforms
Liquidity Access
Access to external sources
Access to internal sources
Liquidity source customisation available
Liquidity management toolsets offered
Service Offering
Segregated execution
247 technical support
Quantitative research
Trade execution consultancy
Facilitation of buy-side reporting
Other associated services:
Our algo coverage team is segregated and client information, as well as parent order details, are not visible to principal trading. Clients can benefit from the quality and depth of the liquidity of provided by UBS principal market making, or can exclude UBS pricing altogether. Any liquidity source to UBS algos will only see the child orders traded and will see UBS as the counterparty to those trades. For more information, please contact UBS.

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