[ S U R V E Y | A L G O R I T H M I C T R A D I N G ]
Redburn Atlantic
Redburn Atlantic’ s overall average score in this year’ s survey was 6.29, an improvement from 2024 with an increase of 0.15, representing the third best score amongst its peers. The broker saw an impressive increase across every single category except for two in 2025, with the largest year-onyear upticks recorded in routing logic analysis( 0.30), increase trader productivity and reduced market impact( 0.26). The least improved category was cost which declined by-0.11. Redburn’ s highest scores were in customer support( 6.68), ease of use( 6.49) and breadth of dark pools( 6.41).
Redburn operates on a pure agency basis and does not operate any internal liquidity source. The broker states that it offers a high number of bespoke strategies tailored to individual client requirements with a strong focus on client service. On a category level, Reburn saw strong scores in many areas, landing within the top three in 8 of the 15 categories under review. Validating its focus on client service, Redburn achieved the second highest category score for customer support( 6.68), clearing the average by an impressive 0.51 and missing the top spot by a mere 0.01. Other areas of clear strength
include execution consulting( 6.30) and algo monitoring( 6.29), which exhibit scores 0.44 and 0.34 respectively higher than the category averages.
This year, Redburn received 58 responses, which ranks the broker sixteenth amongst its peers. Around 52 % of long-only managers responding to Redburn indicate they have more than $ 50 billion in AUM, followed by those managers with between $ 10 and $ 50 billion in AUM at 17 %. The UK( 43 %) and Europe( 43 %) collectively represented 86 % of the respondents, with the remainder split between North America( 9 %) and ROW( 5 %). The most commonly used performance measurement metrics were VWAP TCA and implementation shortfall TCA.
Sample feedback from respondents included the following:
• Best consultancy on the street with reliable, good stats
• Excellent liquidity seeking and dark access
• Great customer support
• More dark liquidity analysis
• More TCA and pre-trade analysis
REDBURN ATLANTIC RATINGS FOR ALGORITHMIC PERFORMANCE
Increased trader productivity |
Reduced market impact |
Execution consistency |
Cost Speed Anonymity Price improvement Customisation |
6.38 6.29 6.33 5.87 6.17 6.37 6.08 6.18
Ease of use |
Order routing logic / analysis |
Customer support |
Execution consulting |
Dark pool access |
Flexibility and sophistication of SOR |
Algo monitoring |
Average score |
6.49 6.24 6.68 6.30 6.41 6.26 6.29 6.29
KEY STATS Overall Outperformer: Category Outperformer: X14
6.68 Highest score( Customer support) |
5.87
Lowest score( Cost)
|
0.30
Most improved( Routing logic analysis)
|
-0.11
Least improved( Cost)
|
|
|
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Issue 83 // thetradenews. com // 77 |