Clear Street Rolls Out New BestEx Algo Platform

According to Waters Technology, research and algorithmic execution provider BestEx Research has launched AMS One, a new combined platform that offers algorithmic trading, transaction cost analysis (TCA), and Strategy Studio that allows firms to control their own algo capabilities or build on BestEx’s models using 150 parameters. BestEx has named Clear Street, a US broker-dealer and technology provider for clearing and settlement, as a client. Clear Street is using the platform via a software-as-a-service (SaaS) model.