Bernstein has announced the launch of its ETF execution algorithm offering, ETF Fair Point, developed in close partnership with Societe Generale.
The firm writes that this solution combines Bernstein’s advanced agency-only trading platform, market structure innovation, and data-driven smart order routing with Societe Generale’s extensive ETF liquidity and market-making expertise across more than 80 per cent of the current UCITS ETF landscape.
The firm writes that ETF Fair Point offers broad liquidity access, advanced fair value computation on over 20,000 underlying assets, and pricing models designed for precision even in less liquid market segments.
Other key features include:
Robust fair value core component
Access to multiple liquidity pools across equity ETFs, covering circa 1,000 ISINs with European, US, and Developed World exposure
Adaptive Urgency scaling
Premium and discount optimisation
Advanced TCA
Highly customisable flagship algorithmic strategies tailored to client preferences
“By integrating Bernstein’s cutting-edge execution technology with Societe Generale’s ETF market leadership, we are delivering a differentiated solution that empowers institutional investors seeking sophisticated, unconflicted ETF execution solutions with transparency and precision,” says Jeremy Bruce, Head of Trading EMEA at Bernstein.
“As one of the leading ETF Market Makers and a significant player in the European ETF ecosystem, we are very proud to partner with Bernstein on the ETF Algo. This collaboration enhances our commitment to providing clients with greater choice and flexibility in the execution of ETFs, reinforcing our position at the forefront of innovation in the market.” says Frank Mohr, Head of ETF Execution at Societe Generale.
newETFs.io respects the hard work of others and gives all credit to the remarkable folks at ETFexpress.com. This excerpt/article was pulled from their RSS feed; click here to view the original. Please note that on occasion, the RSS feed will not have the author. When this happens this site defaults the author to "News". Make no mistake, this excerpt/article was not created by newETFs.io, it was simply shared with you.
