The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Itarle Forges Algo Distribution Deal with Celer Technologies

By Zoe Schiff

Itarle, a global provider of white labeled, multi-asset algo trading and smart order routing capabilities, has signed a distribution agreement with London-based Celer Technologies. The arrangement is part of Itarle’s strategy of partnering with leading order and execution management systems.

Under the terms of the deal, Itarle will release new algorithms through Celer’s multi-asset OMS and EMS platform, creating a new channel for adding to the more than 70 financial institutions that currently make use of its private-label trading strategies.

According to Paul Lynch, CEO of Itarle remarked, “Cultivating new relationships with the leading OMS and EMS providers is a logical extension to our services… Our clients will benefit from access to an extended range of markets and additional asset classes through the advanced platform that Celer provides.”

Itarle offers its quantitative trading strategies to sell-side clients only, eliminating potential conflict of interest from maintaining customers on both sides, and minimizing the potential for information leakage.

Ben Cuthbert, CEO of Celer, meanwhile reckons the deal with Itarle “will further extend the trading efficiencies offered through Celer.” Celer’s Fund-in-a-Box offering helps startup hedge funds and execution-only brokers create the kind of electronic trading functionality that allows them to compete with established players.

Related content

WEBINAR

Recorded Webinar: Brexit: Reviewing the regulatory landscape and the data management response

With Brexit behind us and the UK establishing its own regulatory regime having failed to reach equivalence with the EU, financial firms face challenges of double reporting, uncertainty about UK regulation, and a potential exodus of top talent. The data management response is not easy and could stretch some firms to the limit as they...

BLOG

SmartTrade Expands Partnership with Japan’s SBI as Demand for Crypto Solutions Grows

Multi-asset electronic trading solutions provider smartTrade Technologies is expanding its partnership with SBI Liquidity Market, a Japanese FX infrastructure solution and liquidity provider, to provide support for SBI FXTrade’s cryptocurrency derivative trading operations, which will complement the existing FX business of SBI Liquidity Market. SmartTrade is seeing increasing demand for its cryptocurrency & digital asset...

EVENT

Data Management Summit Europe Virtual

The Data Management Summit Europe Virtual brings together the European data management community to explore the latest challenges, opportunities and data innovations facing sell side and buy side financial institutions.

GUIDE

Entity Data Management Handbook – Fifth Edition

Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...