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Quantitative Trading
The Quantitative Trading Group at Schonfeld Securities, LLC is made up of former key personnel of Vector Partners, a pioneering quantitative trading boutique brokerage firm, which was acquired by Banc of America Securities in January of 2003. In May 2004 our team left Banc of America Securities to create and head the Quantitative Trading Group within Schonfeld's Institutional Brokerage Services (IBS) Division. Our group has more than 15 years combined work experience in quantitative trading methodologies and execution.
Our desire to understand and build strong and lasting client relationships is the foundation of our business. Meeting and working closely with a client as a partner in the process creates a transparent relationship and an opportunity to obtain enhanced performance. Prior to executing the trade, we review with the client trading objectives and benchmark targets. This allows the trader to determine which strategy will be most appropriate for meeting a client's objectives and targets.
By better understanding the characteristics of the trade, whether a single stock or a basket, we are able to determine and implement a proper trading strategy, which we believe could provide the optimal execution.
- Time Weighted Average Price (TWAP)
- Volume Weighted Average Price (VWAP)
- Index Relative Strategy
- Arrival Price
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