The TRADE 53 | Page 49

[ A L G O R I T H M I C T R A D I N G S U R [ V D E E Y P A | R H T E M D E G N E T F | U N H D E D S ] Fig 1: Average score by product feature Hedge Funds 2017 Long-only 2017 Smart order routing capabilities Dark pool access Customer support Execution consulting Crossing Ease of use Customisation Price improvement Anonymity Speed Cost Execution consistency Market impact Trader productivity 0 1 2 3 4 5 6 Score Issue 53 TheTradeNews.com 49