Landen Options and Futures is set to utilize Algorithmics for Market Management Risks

Top Quote In the next few weeks, Landen Options and Futures, a leading brokerage firm in Belgium that offer brokerage trading services to global investors and traders will soon employ Algorithmics' solutions for the firm's market management risks. The agreement will soon commence after the finalization of the terms and conditions of the services offered by the Algorithmics. End Quote
  • (1888PressRelease) January 21, 2011 - The Algorithmics is internationally known as the leading market provider of risk solutions. Its service will be used by Landen Options and Futures to counter market risk related issues across its global business operation to ensure smooth business trading activities.

    Some of the brokerage firms as well as well-respected financial institutions have already implemented Algorithmics analytics across their asset classes such as foreign exchange, equity, bonds, hedge funds and credit derivatives to improve risk control on their respective business activities.

    The Algorithmics analytics provides comprehensive support to market risk capital measurement, market to market management, facilitating estimation of minimum capital under consistent and inner model approaches. It also summarizes and secures exposures taking place from manifold risk factors which include equity markets, credit spreads, interest rates, foreign exchange markets, volatilities, power and commodities.

    Mr. Nathan Wauters, Landen Options and Futures' Managing Director said: "We are exceptionally happy that after a year of transaction of getting the service of Algothmics, we have finally agreed and in the near futures we will be implanting its service to our own market risk issues. This after-sought project of the firm will be introduced soon including the team of experienced individuals who will handle the said project. Algorithmics offered solution fits to our strategic risk objectives which will cater both to the short and long term business undertakings. It will also provide strong collection of control additional functions which will enable to enhance our decision making patterns across our business subordinates."

    Mr. Wallace Hermans, the Executive Vice President for Global Solution Service of Algorithmics said: "On our behalf, we are also extremely happy to have Landen Options and Futures which we know as one of the most efficient brokerage firms, to use our risk solution service. In due time, we will be closely working with them in implementing risk solutions to the specific and unique needs of every trader and to ensure that we are able to help them in their risk management issues." We exist because we want to become the ultimate partner of brokerage and financial firms that needs our risk management solutions."

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