NEW YORK, March 05, 2018 (GLOBE NEWSWIRE) -- Mizuho Americas announces that Mizuho Electronic Trading (MET) took top honors for Best New Trading Product at the Fund Technology & WSL Awards 2018. The award recognizes those catering to asset managers and institutional traders who have demonstrated exceptional customer service and innovative product development.
“The advantage of introducing a new offering in a mature product space is that we are not burdened by legacy technology,” said Lindsey Burik, head of equity electronic trading at Mizuho Americas. “We took a fresh look at electronic trading and came up with a product that leverages real-time technology and our enterprise-wide global reach. The result is a choice of nimble, easily customizable algorithms that continuously optimize paths to unique liquidity and help seek best execution. Our clients have found MET to be especially strong with small and mid-cap liquidity.”
Mizuho partnered with Clearpool, an electronic trading technology provider, to give clients the ability to change, amend and customize algorithms based on transactional data and trader preferences. The partnership aims to give the buyside more control and transparency over their algorithms by monitoring market performance throughout the day, providing data to make assessments and fine-tune algorithmic performance.
About Mizuho Americas
Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. With professionals in offices throughout the US, Canada, Mexico, Brazil and Chile, Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Learn more at www.mizuhoamericas.com.
Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE:MFG). Mizuho Financial Group is one of the largest financial institutions in the world, offering comprehensive financial and strategic services including private banking and venture capital through its subsidiaries. The group has over 900 offices and 60,000 employees worldwide in nearly 40 countries throughout the Americas, EMEA, and Asia. As of June 30, 2017, its total assets were $1.8 trillion. Learn more about Mizuho Financial Group at www.mizuho-fg.com.
For inquiries, please contact:
Jim Gorman
Director, Media Relations, Mizuho Americas
+1-212-282-3867
jim.gorman@mizuhocbus.com
P.J. Kinsella
Paragon Public Relations
+1-646-558-6226
pj@paragonpr.com