TS Imagine, the leading global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, has added CLSA’s AI-powered European algo suite to its list of certified brokers.

TradeSmart features pre-certified connections to over 250 listed brokers and venues, in addition to broker algos. This robust network provides significant value for buy-side clients, enabling them to access a broad spectrum of trading opportunities and liquidity sources. The selection of CLSA’s AI-powered European algo suite demonstrates TS Imagine's commitment to offering the latest and most sophisticated trading tools to its broad network of clients.

The integration means that investment managers who are connected to TradeSmart will be able to access CLSA’s AI-powered European algo suite. This will allow investment managers to take advantage of CLSA’s proprietary AI technology which empowers the algos to learn as they trade.

CLSA’s AI-powered European algo suite uses neural networks and dynamic execution planning, including prediction, detection and stock clustering of order book behaviour. The algos adjust to individual strategy components and modify underlying strategy behaviour in response to changing market conditions throughout the trading session.

Chris Hollands, TS Imagine’s Head of Sales for EMEA and North America, commented on the news: “CLSA is a pioneer in the use of AI and provides best-in-class algo trading solutions throughout Asia. These models have now been fully customized and tested for EMEA markets, and we are thrilled to make them available to the buy-side through TradeSmart."

Commentating on the EMEA implementation, Stephen Ashton, Head of European Equity Trading at CLSA said: “Over the last few years, we have seen an increase in fragmentation, complexity and volatility within the EMEA trading landscape, which continues to cause market distortion and subsequently has had an impact on algo performance. Leveraging standard curves and simplified trading models is no longer adequate to react to this changeable, challenging and dynamic environment. Our Adaptive AI underpins our algorithmic offering, which monitors, evaluates, reacts and proactively capitalizes on the enormous variety of market signals broadcast in real time.”

Chris Fink, Senior Sales Director at CLSA also added: “The Adaptive AI within our algo suite can significantly improve client execution and offers a customizable platform to manage all trading scenarios. Our AI can correctly predict price direction information for 40% of a stocks trading day with a 90% accuracy rate. Combined with competitive pricing, high-touch service levels and bespoke customization, the CLSA’s AI-powered European algo suite is a powerful toolset for both buy side and sell side traders.”