UBS has launched a new business area called UBS Quant HQ, focused specifically on the unique requirements of the systematic, or quantitative, trader.
Organised as a global joint venture between the firm’s prime services and direct execution businesses, Quant HQ provides tailored access to the wide range of UBS global investment services.
“We’ve consistently invested in creating a fast, innovative, highly scalable platform,” says Mike Stewart (pictured), global head of equities, UBS. “Making that available in combination with our global market access, industry-leading capital position and deep expertise in enterprise formation, the goal of Quant HQ is to deliver a comprehensive set of solutions to quantitative trading clients.”
Despite the fact that systematic traders represent approximately 30 to 50 per cent of global market liquidity, the majority of large multi-asset investment firms focus their service offering primarily toward large, fundamental long-only strategies. By creating a business area that is dedicated to the needs of quantitative traders, UBS seeks to enhance service delivery to this specialist segment, while continuing to maintain the same standards for institutional buy side and hedge fund clients.