Hong Kong (WiredPRNews.com) In the next few weeks, Longwood Trading, a leading brokerage firm in Hong Kong, that offers brokerage-trading services to global investors and traders will soon employ Algorithmic solutions for the firm’s market management risks.
Algorithmic trading is traditionally known as the leading market solution to mitigate risk. This is going to service Longwood Trading to counter market risk related issues across its global business operation to ensure smooth business trading activities.
Some of the brokerage firms as well-respected financial institutions have already implemented Algorithmics analytics across their asset classes such as foreign exchange, futures, bonds, hedge funds and credit derivatives to improve risk control on their respective business activities.
The Algorithmics analytics provides comprehensive support to market risk capital measurement, market to market management, facilitating estimation of minimum capital under consistent and inner model approaches. It also summarizes and secures exposures taking place from manifold risk factors, which include future markets, credit spreads, interest rates, foreign exchange markets, volatilities, power and commodities.
Mr. William Thompson, the firm`s CEO said: “We are exceptionally happy that in the near future we will implement this service to our own market risk issues. This after-sought project of the firm will be introduced soon including the team of experienced individuals who will handle this project. Algorithmics solution fits to our strategic risk objectives, which will cater both to the short and long-term business undertakings. It will also provide strong collection of control additional functions which will enable to enhance our decision making patterns across our business subordinates”, added Mr. Thompson.