Users of RealTick’s Execution Management System can now employ algorithmic strategies including Stealth, Target Close and Optimal Portfolio Execution as well as customising their own.

Clients can execute algorithmic, worked and direct-to-market orders through Deutsche’s Autobahn trading platform, which routes orders to equity liquidity in many venues. RealTick users can also execute futures contracts directly on the market through Deutsche’s newly integrated DMA capabilities.

Michel Finzi, global head of business development at RealTick in Chicago, said: “We have certified Deutsche Bank’s latest equity algorithms using the Algorithmic Trading Definition Language. ATDL is cutting edge, significantly speeding up the deployment of new algorithms from the broker to the trader because the algo entry screen and parameters are hosted on our central servers.”