Quantitative Brokers (QB), an independent provider of advanced execution algorithms and data-driven analytics for global futures and interest rate markets, has marked the 10th anniversary of its first trade execution. Since inception in 2010, QB has risen to become a premiere fintech institution providing execution algorithms across fixed-income, futures, and most recently adding options. With a suite of seven algorithms, four offices worldwide, and over 60 employees, QB serves clients including many of the world’s biggest asset managers, hedge funds, CTAs, global banks, public and private companies.
Founded by Chief Scientist Dr. Robert Almgren and Chief Executive Officer Christian Hauff, QB was formed to service the growing demand for more intelligent execution across global futures and fixed income markets. QB’s first client trade was executed in summer 2010.
“This milestone represents 10 years of partnership with our amazing clients who continuously strive to trade their futures, government bonds and now options in the most sophisticated and cost-effective manner possible,” says Hauff. “I’m extremely proud of our impressive team of engineers, quants, developers and practitioners who continually advance the QB offering and are already building the next wave of best execution innovations.”
“It has been an amazing journey and I am grateful to our clients and the QB team members who have made QB the market structure leader that it is today,” says Almgren. “Our advances in execution analytics and technology have saved our clients hundreds of millions of dollars in transaction costs over the past decade. We will continue to be driven to advance the frontier of algorithmic execution to reduce trading costs for all clients, while delivering high quality service and market execution every step of the way.”
The company, which has been very well-adopted by the institutional trading community since being founded, has executed over USD13 trillion in futures, US Cash Treasuries and options markets globally. Quantitative Brokers is continuing the build out of their best execution offering on futures exchanges across Asia while also expanding into other fixed income asset classes.
