Credit Suisse Launches Algos in Brazil

Credit Suisse’s Advanced Execution Services (AES) desk has launched a full suite of algorithmic trading products for Brazilian equities, including direct market access (DMA).

In a statement, Dan Mathisson, Head of Advanced Execution Services at Credit Suisse, said, “Brazil has been one of the fastest-growing and most dynamic markets on the planet, and we are thrilled to add the country to our ever-growing product suite. With the roll-out of Brazil, AES is available on six continents, across 41 countries.”

The Brazilian launch continues Credit Suisse’s expansion of its AES platform in Latin America. Last year AES began offering its full suite of algorithms on the Mexican Stock Exchange.

Added Julie El-Taher, Head of International AES Sales in the Americas at Credit Suisse, “We are excited to bring the Bovespa to our clients’ desktops all around the world.”