Recently, Credit Suisse launched MAGic, a risk management and pre-trade risk controls offering, aimed at latency sensitive US Equity trading clients.
Credit Suisse director Dmitri Galinov said that MAGic integrates a low latency Direct Market Access product with portfolio level risk systems, providing access to the markets in compliance with SEC Rule 15c3-5 on sponsored access.
Tethys clients will use Credit Suisse MAGic product to gain high speed access to US exchanges.
Tethys director of sales Mary Cogger said that Credit Suisse’s MAGic platform will enhance the quality of execution for the mutual latency sensitive clients by providing both lower latency for order messages, and offering access to exchange native order types.
