Credit Suisse Launches Algo Trading Platform in China

Credit Suisse has expanded access to its next generation algorithmic trading platform by launching the service in China through a partnership with its joint venture, Credit Suisse Founder Securities (CSFS) according to a story in The Trade news. CSFS, which launched its A-shares brokerage business in 2016, can now offer access to Credit Suisse’s Advanced Execution Services (AES) to onshore institutional investors, as well as various other qualified investors, to trade China A-shares. Clients can use the platform, which deploys data science, machine learning technology and quantitative strategies in a bid to help improve clients’ trading performance, in the same way that investors use it to trade A-shares via the Shanghai and Shenzhen Stock Connect initiative.