“Catch uses our nuanced fair value models, analytics, processing power and optimised routing logic to expertly navigate the EU marketplace,” said Rob Crane, head of execution services for KCG Europe. KCG has launched its Catch algorithm for buy-side dealers in Europe. It claims the algorithm, which is already available in the US, can anticipate when shares are beginning to break out and adjust orders accordingly. The catch algorithm was developed by a team of researchers at the University of California, Berkeley, who have been working on it since 2014.
KCG has launched its Catch algorithm for buy-side dealers in Europe. It claims the algorithm, which is already available in the US, can anticipate when shares are beginning to break out and adjust orders accordingly. The catch algorithm was developed by a team of researchers at the University of California, Berkeley, who have been working on it since 2014.