Australian hedge fund manager MST Capital has selected TradingScreen's TradeSmart execution management system to trade foreign exchange, equities and derivatives, the company said today. In addition, MST Capital will utilize TradingScreen's multi-asset class transaction cost analysis (TCA)_offering.
TradingScreen, an independent provider of liquidity, trading and investment technology through the software as a service (SaS) model, has been working alongside MST Capital since early 2012. "MST Capital's requirements in terms of the asset classes they needed to trade and their strong emphasis on risk management were aligned with TradingScreen's core strengths," commented Nathan Walker, Head of Sales, South East Asia and Australia, in today's release.
According to the firm's web site, MST Capital is a global macro trading manager with an Asia-Pacific bias, investing across liquid asset classes, including FX, equities, credit, rates and commodities.
The SaS model enables hedge funds looking to embrace multi-asset class electronic trading to adapt to the changing regulatory environment that emphasizes best-execution, transparency, increased efficiency and risk controls.
"Now, more than ever, it is critical for the buy side to leverage a global multi-asset trading system to generate alpha to spot and execute on market opportunities, closely manage risk, and have an efficient workflow meeting the high standards of asset management today," stated Philippe Buhannic, CEO, TradingScreen in the release.
TradingScreen's TCA offering also allows clients such as MST Capital to fully analyse, with an independent view, their trading across multiple asset classes, not just equities," said