QB Decade of Growth Leads Global Rise of Multi-Asset Algo Trading; More Than $13 Trillion in Total Futures and Government Bonds Transacted
Quantitative Brokers (QB), an independent provider of advanced execution algorithms and data-driven analytics for global futures and interest rate markets, marks the 10th anniversary of its first trade execution as the leader in the algo trading revolution.
Read More: Entrust Datacard Solves Evolving Identity and Encryption Needs with Latest PKI Platform
Since inception in 2010, QB has risen to become a premiere fintech institution providing execution algorithms across fixed-income, futures, and most recently adding options. With a suite of seven algorithms, four offices worldwide, and over 60Â employees, QB serves clients including many of the world’s biggest asset managers, hedge funds, CTAs, global banks, public and private companies.
Founded by Chief Scientist Dr. Robert Almgren and Chief Executive Officer Christian Hauff, QB was formed to service the growing demand for more intelligent execution across global futures and fixed income markets. QB’s first client trade was executed in summer 2010.
“This milestone represents 10 years of partnership with our amazing clients who continuously strive to trade their futures, government bonds and now options in the most sophisticated and cost-effective manner possible,” said Mr. Hauff. “I’m extremely proud of our impressive team of engineers, quants, developers and practitioners who continually advance the QB offering and are already building the next wave of best execution innovations.”
Read More: Huobi Introduces Request for Quote for Electronic Trading and Voice Trading
“It has been an amazing journey and I am grateful to our clients and the QB team members who have made QB the market structure leader that it is today,” Dr. Almgren. “Our advances in execution analytics and technology have saved our clients hundreds of millions of dollars in transaction costs over the past decade. We will continue to be driven to advance the frontier of algorithmic execution to reduce trading costs for all clients, while delivering high quality service and market execution every step of the way.”
Read More: GlobalFintechSeries Interview with Chuck Klein, Chief Executive Officer & Founder at IMM