The Fox Trader model is composed of three primary modules: a multifactor execution strategy server, execution tactics and smart order routing logic. Executions are not strictly paced according to a trade schedule but vary around the schedule according to when the price represents value.

What makes the model unique is the addition of the human element into our mathematical models. By integrating a series of signals, our algorithms consider technical, fundamental and systematic factors — all of which help them evaluate the optimal execution price and time. It’s a tactic that gives our clients an undeniable advantage.

Even the most innovative algorithms need to stay current. So the mathematicians, programmers and traders who build our execution algorithms are constantly refining them. To keep the model timely, they regularly input new data such as trading patterns and microstructure information. With algorithms that intelligently designed, it’s no surprise we’ve been the industry’s leading execution broker for three years running.