Icebergs sink ships. Prowlers hide and seek!
The point of an ICEBERG order type has always been to hide your flow from the rest of the market, allowing you to fly under the radar of the massive trading firms looking to prey on naïve order flow. You know, like the old adage of 90% of an iceberg’s mass being underwater, hidden from […]
An Open Letter to the Financial Industry
Let’s Help Joe Signorelli, founder of RCM-X, has a 20+ year history of providing algorithmic trading software and needed data to universities, as well as conducting student practicums through the RCM University Program. He is joined by industry participants and university professors in inviting other industry leaders to join in addressing the educational needs of […]
RCM-X’s Joe Signorelli Interview with Trading Technologies
The RCM-X full suite of automated execution algorithms has now been available on the TT platform for a little more than a month. What does this mean for those on the TT platform and how can algo users set themselves up for success? Our Founder and Managing Partner, Joe Signorelli sat down with TT to […]
RCM-X Implements OneTick TCA
OneMarketData, LLC, the creators of OneTick, the leading solution for event stream processing and tick data management, announced that RCM-X has gone live with their OneTick Transaction Cost Analysis (TCA) service. RCM-X, the trading technology focused affiliate of boutique investment firm RCM Alternatives, is a technology provider servicing the professional trading community, and has implemented […]
Know Your Benchmark
A recent TABB Group article provided a great introduction to the futures execution algorithm landscape, including the history of the space, varied requirements of different industry users, buy vs. build argument, and a general outlook on the most popular types of algorithms. A common thread throughout the piece is the importance of transaction cost analysis […]
