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Neon Trader collaborates with RCM-X to provide new algo offering

24 February 2023
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As Neon Trader continues to expand its offering, we are pleased to work in collaboration with RCM-X to offer a new, powerful suite of execution algorithms, offering participation and opportunistic execution algorithms across major global markets (includes CME/ICE/Eurex/LME).

Extending its current capabilities, Neon Trader now provides:

  • Implementation Shortfall for minimising slippage relative to the Arrival Price.
  • Prowler for sourcing liquidity by stealth.
  • Each execution algo is optimised for different order book regimes
  • Utilises short-term signals for superior execution
  • Full TCA analysis

Getting started with this new suite of features is easy, simply request access via an integrated order ticket in Neon Trader to gain access to the following:
o Brisk
o Prowler
o ScalePOV
o Close
o VWAP
o TWAP
o POV

If you have any further questions, please contact the Neon Concierge Team.