Sophisticated Order Routing
CAPIS' Algorithmic Trading (CAT) strategies allow you to tailor your trades to a specific benchmark, risk, or cost objective. Our quantitative execution algorithms allow you to control the "big picture" while the system manages the details.

Advantages of using CAT strategies include:

• Minimize market impact
• Target various benchmarks
• Attain anonymity
• Find liquidity

Algorithmic trading takes a buy or sell order of a defined quantity and places it into a quantitative model that automatically generates the timing and size of orders based on the specific goals of the algorithms. This approach is typically oriented around trading to a specific benchmark, time or price.

CAPIS Algorithms include:

• Nocturnal
• Pacer
• Float
• Explorer
• Reserve
• VWAP
• TWAP
• Tempo
• Liquidity Seeker
• Implementation Shortfall (IS)
• Participate

For a detailed descripiton of our algorithms, download our Algorithmic Strategy Overview. For additional information, contact our Electronic Trading Department, or your CAPIS Sales Executive.