Deutsche Bank today announced the availability of the Stealth algorithm and Autobahn ® Equity’s classic suite of algorithms in Brazil. Deutsche Bank’s* clients can now access the Brazilian equities market through Autobahn Equity.
Stealth, which was upgraded in April, is Deutsche Bank’s industry leading** liquidity seeking algorithm, which uses advanced high frequency alpha models to opportunistically source liquidity in both bright and dark venues. Stealth, originally launched in 2009, is currently available in the Americas, Europe and Asia.
“We are pleased to offer Stealth and Autobahn Equity to our clients in Brazil,” said Jose Marques, Global Head of Equity Electronic Trading. “We will continue to explore the possibility of launching Autobahn in other Latin American countries, where Deutsche Bank has already built a significant presence.”
“The launching of Stealth and Autobahn in Brazil reflects our continued commitment to offer our clients in this country the financial solutions provided by Deutsche Bank’s global platform,” said André Rosenblit, Head of Equities in Brazil.
All Deutsche Bank’s algorithms are fully integrated with Deutsche Bank’s ultra-fast smart order router, which adapts the execution of trades to all available dark and displayed venues.
*Deutsche Bank Corretora de Valores S/A
**The World’s Best Brokers Rankings, Bloomberg Markets, April 2011
For further information, please call:
Deutsche Bank AG
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 73 countries, Deutsche Bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates.
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