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UBS introduces algorithmic trading in Mexico

BBR Staff Writer Published 01 February 2012

UBS has unveiled algorithmic trading for international clients trading equities on Bolsa Mexicana de Valores in Mexico.

The addition of algorithmic trading strategies enables clients to access major Latin American market centre, and complements UBS's existing direct market access (DMA) offering in the country.

The bank is launching the algorithmic trading offering in Mexico with a full suite of liquidity seeking, volume and price-sensitive strategies, including UBS Tap.

UBS global head of algorithmic trading Owain Self said that our experience offering DMA in this market has enabled us to tailor our trading strategies specifically to the market structure of Bolsa Mexicana, which means our international clients should have a seamless experience as they trade into Mexico.

UBS stated clients can use the algorithmic trading strategies to interact with liquidity on Bolsa Mexicana, sending electronic orders directly to the exchange without passing through an intermediary.

UBS also provides DMA and algorithmic trading for international clients trading into Brazil, across Europe, Middle East, Africa and Asia, and over 90 markets and trading venues worldwide.


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