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Pragma: Takes algos to Canada | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Pragma: Takes algos to Canada

Pragma: Takes algos to Canada

  • Pragma, the independent, multi-asset class algorithmic trading technology provider
  • Launched Mercury, its deep neural network-based execution engine
  • In 2021 after a multi-year research and development effort, and a year of controlled production trading trials with its clients
  • Mercury’s deep neural network micro trading engine controls the routing, sizing, pricing, and timing of orders
  • Support for Canadian and interlisted equity trading is a natural extension of deep learning capabilities
  • Leveraging its high-quality simulator, a decade of experience in trading interlisted equities

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