Site Improvements of EQimpact.com
is committed to continually improving the execution process.
Following are our milestones and improvements to
our products or our coverage.
Fund managers can now execute their own orders using algorithmic strategies in
is the fund manager version of EQUATOR
in which orders are executed using algorithmic strategies via DMA with their choice of brokers.
EQ International celebrates sixth anniversary
EQ International sponsors Trading Technology World 2007
is an exhibition sponsor at
Trading Technology World 2007
at the Amora Jamieson Hotel in Sydney.
Many delegates were impressed to see the live demonstration of
our algorithmic execution engine.
EQ International celebrates fifth anniversary
EQUATOR goes live
enters the world of
when our first client started using
to automatically execute its orders in the Australian equities market.
Andrew Gruskin joins EQ International
Former consultant Andrew Gruskin joins
as its Technology Director.
Andrew has experience in funds management and IT with Alpha Investment Management,
Vanguard Australia and Commonwealth Funds Management.
EQ International has successful capital raising
welcomes four new owners following a successful capital raising.
EQ International sponsors Algorithmic Trading conference
is a sponsor of the Insto Algorithmic Trading conference at the Four Seasons Hotel in Sydney.
Luke Edwards joins EQ International
Luke Edwards joins
as a Junior Quantitative Analyst.
Luke is also studying for a Bachelor of Engineering
and a Bachelor of Commerce at the
University of Sydney.
EQ International at Trade Tech Asia
participates in the inaugural
Trade Tech Asia
conference in Singapore as part of its competitor analysis for
EQ International celebrates fourth anniversary
EQ launches new EQlogo
launches its new twin-summit logo as part of its expanded
The EQlogo displays twin summits. The smaller peak is shepherded by a
more substantial mountain containing the
name, signifying both the company and its products.
With EQ an organisation can expand its capability.
The broad base of the mountains represents the breadth of EQ
experience, the more rarefied the colour approaching the summit highlights that additional
expertise is required to reach a higher pinnacle.
EQ provides that expertise.
EQimpact.com coverage expands to 52 markets
universe reaches 52 global equities markets with the addition of 50 stocks from
Work commences on algorithmic execution
starts work on planning and building its
algorithmic execution engine
which later becomes known as
Consultant Andrew Gruskin is engaged to provide programming expertise.
First edition of EQinsight published
EQinsight is the newsletter of EQ International.
It contains a collection of research, opinion, ideas and information related to execution,
plus snippets about EQ’s people, products and progress.
The feature article of the first edition titled Fund capacity limited by fund objectives
discusses how having knowledge of your fund capacity is crucial for funds management
planning and very useful when marketing for additional funds. Understanding the key restrictive
factors enables sensible decisions to be made to increase capacity of funds, both individually
The EQ opinion titled A fixed participation rate misses target examines a common
current practice that attempts to limit market impact by setting a fixed participation rate
across all trades. We argue that a more advanced approach is appropriate given current
third-generation impact models and suggest that fixing days volatility is a more
EQ International celebrates third anniversary
EQfunctions now include currency and country
EQdataTools the set of tools which allows subscribers to use the functionality of
EQimpact.com in their own systems.
EQdataTools now contains 38 EQfunctions with the addition of 4
EQ currency functions and 6 EQ country functions.
EQimpact.com coverage expands to 51 markets
universe reaches 51 global equities markets with the addition of
Subscriptions available for individual stocks
Enhanced functionality and permissioning in EQimpact.com
means subscribers can now subscribe to individual stocks as well as to whole markets.
EQdataTools has also been re-engineered to allow subscribers to download
EQdata across these multiple markets and stocks.
EQimpact.com coverage expands to 50 markets
universe reaches 50 global equities markets with the addition of
EQ International celebrates second anniversary
EQ functionality available for multiple stocks
EQdataTools allows users to utilise all the functionality of
in their own systems.
It is useful for planning trades across a basket of trades, particularly via a pre-trade analysis.
Baskets of trades are also known as programs or portfolios.
Seasonality improves EQ volume forecasts
Many stocks display consistent and persistent seasonality patterns in their trading volumes.
Immunising both monthly and weekly seasonal effects has improved forecast
accuracy of more liquid stocks by around 10%.
Order Size added to EQ Impact Model
The EQ Impact Model has been re-configured so all its functionality fits
comfortably on a single screen.
New Order Size functionality has been added to the EQ Impact Model.
Users can input the size and direction of their order and view the expected market impact
within the chart.
Launch of EQimpact.com
is the home of the EQ Impact Model.
At its launch in March 2003 EQimpact.com
delivered the EQ Impact Model
for around 8,000 stocks across 40 markets.
The EQ universe has since been expanded to 8,500 stocks across 52 markets.
EQ International starts business