Algo wheels are the most unbiased way for buy-side traders to achieve the performance they’re seeking, says Joe Wald, co-founder and CEO, Clearpool. And they empower unique, collaborative conversations between the brokers providing algorithms and the firms utilizing them, he adds. Speaking with TABB Group founder and research chairman Larry Tabb, Wald discusses how both buy- and sell-side firms can leverage the full power of an algo wheel, as well as the challenges brokers face in getting and keeping their algorithms on the wheel.
Related article: “Algo Wheels: Best Execution, Workflow Solution, or Both?”
Interviewer: Larry Tabb
Source: TABB TV
Categories: Crypto, Equities, Fintech, Regulatory
Topics: Algorithm, Data management, Equity trading, Research and analytics, Trade Process Analysis, Trading technology infrastructure