The TRADE 59 - Q1 2019 | Page 74

[ A L G O R I T H M I C T R A D I N G S U R V E Y ] Long-only 2019 Long-only 2018 Long-only 2017 Figure 2: Reasons for using algorithms (% of responses) 7.64 Algo monitoring capabilities 7.13 7.78 Better prices (price improvement) 8.91 11.25 Consistency of execution performance 13.69 12.68 6.39 Customisation of capabilities 7.05 Data on venue/order routing logic or analysis 7.74 4.14 10.98 Ease of use 14.57 7 12.39 Flexibility and sophistication of smart order routing 7.59 7.64 Greater anonymity 9.18 10.75 6.81 7.90 Higher speed, lower latency 6.27 10.05 11.29 Increase trader productivity Lower commission rates 7.27 12.32 8.28 7.98 10.98 Reduce market impact 11.93 13.00 1.12 Results match pre-trade estimates 2.67 0.00 74 // TheTrade // Spring 2019 2.00 3.27 4.0 0 6.0 0 8.0 0 10.00 12.00 14.0 0