Overview
The Algorithmic Order & Execution Dashboard helps execution service providers optimize trading performance and client service.
It provides real-time monitoring of algorithmic trading against benchmarks and real-time analytics, including child order execution prices, slippages and participation rates. Visualizing data on trade execution performance and having a granular understanding of algorithm behavior facilitates timely order adjustments by trading and client support teams.
Designed for multi- asset class trading, including futures, options and US Treasuries, it can simultaneously process thousands of orders. The solution includes calculators to support detailed transaction cost analysis.
Industry Challenges
Performance visualization: Data visualization of simultaneous orders is difficult and requires advanced data handling and user interface design.
Real-time tracking and alerting: It is critical to track algorithm performance relative to client benchmarks in real time in order to intervene when needed.
Complex data processing: Tracking algorithmic performance for thousands of orders creates complex data processing and analytics challenges.
User Benefits
Visual performance monitoring: Traders and client support teams have a dashboard to visualize algorithm performance vs benchmarks.
Real-time alerts: Notices are published when algorithm performance varies from benchmarks.
Improved trader productivity and client support: Having sophisticated monitoring gives traders and client teams and efficient way to supervice large order books and adjust orders, when necessary.
Features & Capabilities
- Dashboard for monitoring client orders
- Display of parent and child orders
- Execution tracking for orders
- Market ladder display
- Order visualization by algo, client, trading venue
- Customization of UI and layout
- Rich order data and data enhancement
- Transaction Cost Analysis (via integration)
- Custom alerts and alert-resolution workflow
- Full auditability and reporting
- Cloud-based, web-native solution
Integrations
- Trade capture
- Trading venues
- Market data
- Transaction cost analysis
Component Breakdown
- Issue Management: Facilitates real-time order issue tracking, notifications, and alerts for execution discrepancies.
- TCA & Liquidity Integration: Transaction cost analysis tools and liquidity consolidation modules enhance execution insights.
- Dashboard & Visualization Tools: Displays execution benchmarks, market ladders, and real-time analytics for trader decision-making.
Event Processing Flow
- Order Intake & Execution: Orders are ingested from trading & execution systems and processed in the Genesis Algo Order & Execution Dashboard.
- Real-Time Monitoring & Benchmarking: Execution progress is compared against benchmarks, and alerts are triggered for deviations.
- Liquidity & Market Data Integration: The system consolidates market liquidity data and incorporates TCA insights for execution optimization.
- Trader Intervention & Adjustment: Traders and algo teams monitor execution performance via the dashboard and make real-time order adjustments.
- Final Execution & Reporting: The system finalizes trade execution, updates order statuses, and provides audit logs & compliance reports.
