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Foreign Exchange

TradingScreen adds Credit Suisse algos

Front end provider TradingScreen has added Credit Suisse’s AES (Advanced Execution Services) FX algos to its TradeFX trading platform. In a slightly hyperbolical press release, the company, which claims to provide “a state of the art FX dealing environment to the largest FX institutions in the market today, says that with Credit Suisse it is “revolutionizing again the trading environment by bringing the benefits of low market impact and enhanced price discovery to the OTC market. It is a natural evolution to our vast offering in algorithmic trading for equities and derivatives to extend its reach to OTC products.”

The company has long had close links to Credit Suisse through its co-founder and chief executive officer, Philippe Buhannic, and its co-founder and chief technology officer,

Joseph Ahearn, who both held senior positions at CSFB.

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