[ A L G O R I T H M I C T R A D I N G S U R V E Y ]
Redburn Atlantic
Redburn Atlantic achieved an overall average of 6.21 in this year’ s survey, an improvement from 2024 with an increase of 0.09, representing the second-best score amongst its peers. The agency broker recorded upticks in number of key categories in 2025, with the two largest year-on-year increases being reduced market impact(+ 0.55) and increase trader productivity(+ 0.36). The least improved category was price improvement, which declined by-0.23. Redburn’ s highest scores were in execution consistency( 6.52), customer support( 6.48) and increase trader productivity( 6.36).
When compared across the survey benchmarks, Reburn outperforms the category average in 14 of the 15 areas under review, with top three scores achieved in eight categories. Functional service areas such as execution consulting(+ 0.55), execution consistency(+ 0.52) and cost(+ 0.51) were rated highly by responding clients. Redburn continues to see growth in automated algo wheel flow usage, targeting a range of different metrics. This is leading to an increased number of bespoke and tailored strategies to meet individual client expectations. This strong focus on client service is evident in the broker’ s score for customer support, which lands 40 basis points above the category average.
This year, Redburn received 17 responses from hedge fund managers and firms using hedge fund strategies, down from 22 in 2024. In terms of client size, over 41 % of the respondent pool indicate they have more than $ 50 billion in AUM. The UK( 47 %) and Europe( 24 %) collectively represented 71 % of the respondents, with the remainder split between North America( 18 %) and rest of the world( 12 %). The most commonly used performance measurement metrics were VWAP TCA, implementation shortfall TCA and liquidity capture.
Sample feedback from respondents included the following:
• Pleasure working with Redburn algos team and support staff is second to none
• Reliable and good stats
• Excellent liquidity seeking and dark access
• Looking for more APAC coverage
REDBURN ATLANTIC RATINGS FOR ALGORITHMIC PERFORMANCE
Increase trader productivity |
Reduce market impact |
Execution consistency |
Cost Speed Anonymity |
Price improvement |
Customisation |
Ease of use |
6.36 6.29 6.52 6.35 6.00 6.20 5.83 6.07 6.21
Order routing logic / analysis |
Customer support |
Execution consulting |
Dark pool access |
Flexibility / sophistication of SOR |
Algo monitoring |
Average score |
5.97 6.48 6.32 6.17 6.18 6.21 6.21
KEY STATS Overall Outperformer: Category Outperformer: X14
6.52 Highest score( Execution consistency) |
5.83
Lowest score( Price improvement)
|
0.55
Most improved( Reduced market impact)
|
-0.23
Least improved( Price improvement)
|
78 // TheTRADE // Q2 2025 |
|
|
|