TY - JOUR T1 - Key Considerations in Selecting an Algorithmic Trading Provider JF - Trading SP - 20 LP - 28 VL - 2005 IS - 1 AU - Derek Morris AU - Lenore Kantor-Hendrick Y1 - 2005/03/20 UR - http://guides.pm-research.com/content/2005/1/20.abstract N2 - Algorithmic trading has become a part of the mainstream in response to buy-side traders' need to move large blocks of shares with minimum market impact in today's complex institutional trading environment. With myriad service providers in the marketplace, the decision about which algorithmic trading service provider to select can be challenging for many buy-side firms and is dependent upon several key factors. The authors present an overview of the key providers in the marketplace and the variables that affect the decision to buy or build. While algorithmic trading relies on technology, in the end, working with a committed and experienced team, coupled with a “white glove” service, appears to be the right combination for those firms trying to avoid being left behind. ER -