Hong Kong, 18 January 2021
Macquarie Capital announced its Asia Electronic Execution team achieved top Greenwich rankings across six categories for Asia (excluding Japan and Australia) equities in 2020. In a high trading volume year, Macquarie also gained 100bps in market share in Long Only Electronic Trading.
The Greenwich rankings are listed below:
|#1||Best Customizing Algo – All clients and Long Only|
|#1||Best VWAP Algorithm – All clients and Long Only|
|#1||Best Implementation Shortfall Algorithm – Long Only|
|#2||Best Implementation Shortfall Algorithm – All clients|
|#1||Best Small-Cap Algorithm – Long Only|
|#1||Best Opportunistic Algorithm - Long Only|
|#1||Most Reliable and Easiest to Use– Long Only|
|#2||Client Service Quality – Long Only|
“We are pleased that our Asia Electronic Execution team has achieved excellent Greenwich rankings in 2020 for its highly distinctive algorithmic product and service quality for long only clients, in which Macquarie is statistically tied in 1st place,” said Mark Weekes, Head of Execution Asia, Macquarie Capital. “2020 proved a year of unprecedented period with high volumes, high volatility yet equally high uncertainty, we are delighted to have stayed on our strategic course and continue our market share growth. Our people, product and process optimisations remain central to our ongoing development as we seek to better service our clients in 2021.”
Greenwich Associates conducts its benchmark study annually and interviews Asian-based institutional investors to measure performance on product, service and algo key performance indicators. Greenwich compiled the data and performed a statistical analysis to produce the final results.