KCG has developed its own algorithm for sell - 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 itself accordingly . “ Catch " uses smart logic and advanced analytics technology behind the firm 's market making business , which also includes timing of the order being sent to multiple markets .
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. “Catch" uses smart logic and advanced analytics technology behind the firm's market making business, which also synchronises clips of the order being sent to multiple markets.