Since 2005, the presence of bulge bracket firms in the algorithmic trading service market has increased as firms continue to build up their overall product offerings and improve client services. According to Aite Group estimates, bulge bracket firms currently account for over 65% of all algorithmic trading volume, and agency brokers follow in second place with 31% of the market.

Boston, MA, November 27, 2006 – According to a new Aite Group report, the bulge bracket firms have been relentless in building up their algorithmic trading arsenal. In recent months, much focus has been devoted to developing next-generation algorithms and sophisticated trade analytics to remain competitive. In recent months, bulge bracket firms have focused on developing next-generation algorithms and sophisticated trade analytics to remain competitive in the market. However, most bulge bracket firms have moved beyond providing algorithms for the U.S. equities market. Instead, many are seeking opportunities in the European and Asian markets as competition continues to increase in the U.S. market.

This Impact Note examines some of the key adoption trends in the overall algorithmic trading market and profiles 10 leading full-service, institutional brokerage operations and their algorithmic trading services.

This 37-page Impact Note contains 20 Figures and 5 Tables. Clients of Aite Group's Retail and Institutional Securities & Investments Services can download the report by clicking on the icon to the right.

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