CFDs are a leveraged product and can result in losses that exceed deposits. Trading CFDs may not be suitable for everyone, so please ensure you fully understand the risks and take care to manage your exposure.
Established in 1974
Over 185,000 clients worldwide
15,000 markets worldwide

Algorithmic trading

Automated trading strategies powered by cutting-edge technology

Why use algorithmic trading?

  • Reduced price impact

    Your order is split into randomised units to minimise visibility and execute gradually

  • Automated trading

    Rely on cutting-edge trading strategies to monitor the order book and manage execution

  • Targeted price arrivals

    Use an algorithm to carry out your order according to a price target and time frame determined by you

  • Advanced technology

    Use investment bank technology to combat gaming and reduce signalling

  • Greater liquidity

    Benefit from access to greater liquidity across lit and dark execution venues

  • Free to use

    Add advanced algorithmic strategies to your trading at no extra cost 

Why should I use algorithmic trading?

I want a system that monitors and amends trades to my specifications

Set the parameters of your order and allow the algorithm to analyse the order book and respond to trading opportunities as they arise

I want greater liquidity at a fair price

Gain access to multiple execution venues at no extra cost, reducing the price impact of your order and improving its chances of getting filled

I want a low maintenance trading strategy

Choose an algorithm to suit your needs, and rely on advanced technology to trade on your behalf and maximise your opportunities in the market

Minimum requirements

  • Minimum notional £10k equivalent per order
  • CFD only
  • VWAP, TWAP and Volume in Line strategies available

Choose from three trading strategies

Designed to take advantage of market conditions more efficiently, use sophisticated algorithms to fill large orders with minimal price impact.

Volume Weighted Average Price (VWAP)

This algorithm is designed to target the VWAP benchmark between the specified start and end time. This is achieved by selecting the expected volume profile over the time period. 

Required:

  • Size of order 

Configurable:

  • Limit (including limit price) or market
  • Start and end time, with the option to participate in opening and closing auctions

Optional:

  • Completion price
  • Percentage of volume

Time Weighted Average Price (TWAP)

This strategy is measured to a linear execution profile over a specified time period (min duration one minute). It uses 'discretion' when executing your order, thus reducing the number of times it has to cross the spread.

Required:

  • Size of order 

Configurable:

  • Limit (including limit price) or market
  • Start and end time, with the option to participate in opening and closing auctions

Optional:

  • Completion price
  • Percentage of volume

Volume In Line

Attempts to target a market volume participation rate set by you, ranging from 1%-50% for UK and European shares, and up to 99% for US and Canadian stocks. Repeatedly crossing the spread to maintain the target would harm execution quality so this algorithm is allowed to take advantage of favourable conditions and avoid unfavourable ones.

Required:

  • Size of order
  • Percentage of volume

Configurable:

  • Limit (including limit price) or market
  • Start and end time, with the option to participate in opening and closing auctions

Optional:

  • Completion price

How do I start algorithmic trading?

Request a call back

  • Register

If you have L2 call us to get started:

0800 409 6789

If you don't have L2 and want to add it, find out more. Alternatively, you can leave algorithmic orders with our desk by calling your usual dealing number.

Open an account now

It's free to open an account, and there's no obligation to fund or trade.

If you have L2 call us to get started:

0800 409 6789

If you don't have L2 you can add it here. Alternatively, you can leave algorithmic orders with our desk by calling your usual dealing number.

CFDs are a leveraged product and can result in losses that exceed deposits. Trading CFDs may not be suitable for everyone, so please ensure you fully understand the risks and take care to manage your exposure.