The TRADE 87 - Q1 2026 | Page 77

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Rothschild & Co

Rothschild & Co, formally known as Redburn

Atlantic, achieves an overall average score of 6.18 in this year’ s survey, outperforming the benchmarks across all categories under review. The agency broker lands within the top three scores across seven key service areas, achieving the third highest score overall. An impressive + 0.44 and + 0.42 were recorded respectively in core capabilities such as customer support and customisation features.
In terms of year-on-year performance, Rothschild records marginal decreases across all bar three categories, most notably algo monitoring(-0.30) and routing logic(-0.28), whilst cost and speed achieved upticks of 0.20 and 0.12 respectively.
Rothschild & Co has seen considerable growth in client requests for customised solutions due to its strength in execution analytics and has increased its team to meet the demand in the European markets. The growth of bilateral liquidity has been a major theme for the broker, as SIMMPLE, their bilateral liquidity solution continues to gain traction. A full upgrade to its algo pack is scheduled for late 2026.
Rothschild & Co currently has around 200 buyside clients using its algorithmic trading services. This year, 52 responses were received from longonly managers, slightly down from 58 in 2025 and landing fourteenth in terms of submission numbers. In terms of AUM, 35 % of responding traders were from large firms managing $ 50 billion or more in assets and 13 % were from midsized firms with between $ 10 and $ 50 billion in AUM. The UK( 25 %) and Europe( 52 %) collectively represented 77 % of the respondents, with 19 % sat in North America. The most commonly used performance measurement metrics were VWAP TCA and implementation shortfall TCA.
Sample feedback from respondents included the following:
• Excellent access to liquidity via SIMMPLE
• Improved client benchmarking, great for experimentation
• A global partner that is providing unique solutions to SDP liquidity and clean executions
• Clever algos that allows for high degree of customisation, with excellent support
ROTHSCHILD & CO RATINGS FOR ALGORITHMIC PERFORMANCE
Increased trader productivity
Reduced market impact
Execution consistency
Cost Speed Anonymity Price improvement Customisation
6.33 6.15 6.24 6.07 6.29 6.31 5.99 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
6.26 5.95 6.45 6.07 6.30 6.13 5.98 6.18
KEY STATS Overall Outperformer: Category Outperformer: X15

6.45 Highest score( Customer support)

5.95

Lowest score( Routing logic analysis)

0.20

Most improved( Cost)

-0.30

Least improved( Algo monitoring)
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