The TRADE 63 - Q1 2020 | Page 93

[ A L G O R I T H M I C T R A D I N G S U R V E Y ] UBS U execute 50% or more of their portfolio value algorithmi- BS Group AG (UBS) provides financial advice and cally. Nearly half (47%) of UBS’ clients participating in solutions to wealthy, institutional, and corporate the survey this year have US$50 billion or more in AUM. clients worldwide as well as private clients in Switzerland. The company has an average ranking of 5.46 (-0.25 below Headquartered in Zurich, UBS has offices in over 50 re- the survey average), which is 11th relative to other algo gions and locations, including all major financial centers, providers and represents a 0.30 decline versus last and employs approximately 67,000 people. UBS year’s average score. While UBS is relatively flat provides access to unique liquidity, algorithms, year-over-year in the cost category, this year’s execution consultancy, performance analysis, Average results yield declines in every other area, the and market structure expertise. Score most significant being anonymity, which has UBS appears fifth on the list of algorithmic decreased by 0.52 from 12 months ago. trading solution providers by responses (35). Thirty-one percent of long-only funds turning to UBS for algorithmic trading expertise 5.46 UBS RATINGS FOR ALGORITHMIC PERFORMANCE Increased trader productivity Reduced market impact Execution consistency Cost Speed Anonymity Price improvement Customisation 5.64 5.46 5.73 5.65 5.48 5.46 5.35 5.45 Ease of use Data on venue/order routing logic or analysis Customer support Execution consulting Dark pool access Flexibility and sophistication of smart order routing Algo monitoring capabilities 5.67 5.43 5.47 5.15 5.52 5.38 5.13 KEY STATS 5.73 5.13 0.00 -0.52 Highest score (execution consistency) Lowest score (algo monitoring capabilities) Most improved (n/a) Least improved (anonymity) Issue 63 // thetradenews.com // 93