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Clearing and settlement news

Celer and itarle pair up on executions


20 September 2016 London
Reporter: Stephanie Palmer

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Image: Shutterstock
itarle has paired with Celer Technologies to make to make its algorithmic execution strategies available multi-asset order management and execution management platform.

itarle provides algorithms for trading on futures and options, fixed-income, foreign exchange and equity exchanges, offering a more tailored and adaptable execution service.

These algorithns will now be available through Celer’s multi-asset order management and execution management platform. According to itarle, the partnership is part of a wider integration of its services across additional asset classes and products.

Paul Lynch, CEO of itarle, commented: “Cultivating new relationships with the leading order management systems and execution management system providers is a logical extension to our services and we are very much looking forward to working with Celer.”

He added: “Our clients will benefit from access to an extended range of markets and additional asset classes through the advanced platform that Celer provides.”

Celer CEO Ben Cuthbert, said: “We are delighted to be able to offer a new service to our clients that leverages the most advanced execution algorithms from itarle.”

He added: “These algorithms will further extend the trading efficiencies offered through Celer.”
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