Pragma Securities has been named ‘Best Algorithmic Trading Technology Provider of the year’ at FX Week’s e-FX awards, which took place on 11th July in New York.
Hosted by FX Week, these awards recognise excellence in electronic Foreign Exchange.
Pragma’s multi-asset broker-neutral algorithmic (algo) execution platform, Pragma360, is leveraged by large banks and brokers to handle their enterprise trading needs. It is deployed as a hosted and managed technology service and enables a sell-side institution to create its own unique algorithmic trading suite under its own corporate brand.
In 2018, Pragma incorporated 1600+ software changes on behalf of its clients, while giving clients the control to adapt algorithms directly where necessary. In addition, Pragma handled over $1.3 trillion of algorithmic flow in multiple asset classes on behalf of our clients across over 50 venues.
David Mechner, CEO of Pragma Securities, commented: “We are delighted to receive this award as recognition of the teams hard work over the past year. We are always trying to improve our service by onboarding our clients and making necessary changes as swiftly as possible. Ensuring our clients are satisfied with our service is the main priority for us, and winning this award shows that we are continuing to do this.”
“Looking to the future, we aim to continue on this path and remain fully committed to enhancing our offerings and providing our clients with a high-quality product.”