17 March 2009

UBS connect to NYSE Europe

UBS has become one of the first brokers to connect to NYSE Arca Europe, a new pan-European multilateral trading facility (MTF) launched by NYSE Euronext. NYSE ARCA Europe enables efficient and transparent trading of pan-European stocks and successfully launched on Monday, 16 March. Whether clients choose to trade electronically or through one of UBS's trading desks, they will now have access to our firm's ever-growing network of exchanges and alternative venues across Europe and around the world.

UBS has become one of the first brokers to connect to NYSE Arca Europe, a new pan-European multilateral trading facility (MTF) launched by NYSE Euronext.

NYSE ARCA Europe enables efficient and transparent trading of pan-European stocks and successfully launched yesterday, Monday, 16 March.

As one of the first to join, UBS demonstrates commitment to assessing and joining new venues as a means of ensuring best execution for our clients. The firm already connects to a network of major European alternative liquidity venues, including Chi-X, Turquoise, Nasdaq OMX Europe, SWX Swiss Block, Euromillenium and BATS Europe.

Whether clients choose to trade electronically or through one of UBS's trading desks, they will now have access to our firm's ever-growing network of exchanges and alternative venues across Europe and around the world.

See Also:
NYSE Arca Europe Factsheet (pdf)
NYSE Euronext media release

For more information about the firm's liquidity network, visit the UBS Direct Execution site.

UBS launches real-time Transaction Cost Analysis in Europe

UBS Investment Bank has recently launched Real-time Transaction Cost Analysis (Real-time TCA), a powerful new tool for seeking best execution. Real-time TCA is available via UBS Fusion, the firm's equity trading analytics platform, and enables clients to have live, continuous analysis of their orders while they are still executing. Real-time TCA is delivered as an integrated part of the firm's Direct Execution electronic trading suite.

UBS Investment Bank has recently launched Real-time Transaction Cost Analysis (Real-time TCA), a powerful new tool for seeking best execution. Real-time TCA is available via UBS Fusion, the firm's equity trading analytics platform, and enables clients to have live, continuous analysis of their orders while they are still executing.

Real-time TCA, launched to clients in the US in September 2008, is delivered as an integrated part of the firm's Direct Execution electronic trading suite which includes an array of trading and analytical tools such as pre-trade transaction cost analysis for single stock and portfolio trading, a suite of in-market tools includes trading Alerts, and a wide array of downloadable reports and analysis tools.

Post-trade analysis was previously sent to clients at the end of the trading session, day or month to help evaluate an algorithmic trading strategy's effectiveness. With the introduction of Real-time TCA, client will have the opportunity to monitor how their orders are doing while there is still time to affect the order's outcome. UBS Fusion's real-time analytics continuously update while the orders are live – allowing clients to monitor how orders are performing across all venues, including the Exchanges, and alternative pools of liquidity.

To learn more, contact the Direct Execution team.

See full press release (pdf)
See 'UBS launches real-time TCA tool in Europe' (TRADEnews.com, 5 March 2009)

UBS launches DMA and algo trading in Turkey

UBS Direct Execution has added the Istanbul Stock Exchange (ISE) as the latest in the firm's ever-growing list of electronic trading venues. Clients now have the ability to execute Direct Market Access (DMA) orders and access the firm's full suite of algorithmic trading strategies in Turkey. The speed and efficiency of UBS's execution offering will enable clients to take effective advantage of market flows, implement sophisticated order types, reduce the cost of trading and minimize market impact.

UBS Direct Execution has added the Istanbul Stock Exchange (ISE) as the latest in the firm's ever-growing list of electronic trading venues. Clients now have the ability to execute Direct Market Access (DMA) orders and access the firm's full suite of algorithmic trading strategies in Turkey.

Clients can now send electronic orders directly to the Istanbul Stock Exchange from their execution management systems (EMS) and/or order management systems (OMS), including UBS's own advanced trading platform, UBS pinpoint.

The speed and efficiency of UBS's execution offering will enable you to take effective advantage of market flows, implement sophisticated order types, reduce the cost of trading and minimize market impact. News of the launch of this latest electronic destination appears to be spreading quickly.

The launch of DMA and algorithmic trading in Turkey is another milestone in UBS's strategy of delivering direct connections to the world's emerging markets and follows other recent launches in Greece, Czech Republic, India, and Brazil.

For more information visit UBS's Direct Execution website.

Top

Products and services in this web site may not be available for residents of certain jurisdictions. Please consult the restrictions relating to the product or service in question for further information. Activities with respect to US securities are conducted through UBS Securities LLC, a US broker dealer. Member of SIPC.

For information as to which entity provides the services in each jurisdiction,
click here.

© UBS 1998-2009. All rights reserved.