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Clearpool Announces Multi-Year Algorithmic Management System (AMS) License Agreement with Piper JaffrayNEW YORK, July 12, 2018 /PRNewswire/ -- Clearpool Group, Inc. (Clearpool), a provider of advanced electronic trading software and independent agency broker-dealer execution services, and Piper Jaffray Companies (NYSE: PJC), a leading investment bank and asset management firm, are pleased to announce a strategic multi-year algorithmic trading partnership. "We are excited to strengthen our partnership with Piper Jaffray to a license agreement," said Joe Wald, CEO of Clearpool. "We are strong believers that once our parters seriously engage and experience the platform for themselves, that there is significant value that can be gained from committing to a license agreement. We look forward to continuing to work closely with the Piper Jaffray team to create a differentiated electronic trading solution that services the needs of their clients." The Clearpool AMS is a cloud-based algorithmic trading solution that powers the customization, execution, analysis and optimization of algorithmic trading strategies. With total transparency and ultimate routing control, Clearpool's partners possess the tools and insights to effectively collaborate and manage their own algorithmic trading technology at scale. "As the market evolves, we remain committed to delivering a differentiated suite of solutions for our clients. Clearpool's holistic trading system has brought a new level of transparency and control to order execution that our clients have found incredibly valuable," said James Fehrenbach, COO of Global Equities at Piper Jaffray. "As we continue to adopt AMS's analytics capabilities, we are confident that the license agreement will continue to empower us to demonstrate performance and strengthen our relationships." About Clearpool About Piper Jaffray © 2018 Piper Jaffray Companies. 800 Nicollet Mall, Minneapolis, Minnesota 55402-7036 View original content with multimedia:http://www.prnewswire.com/news-releases/clearpool-announces-multi-year-algorithmic-management-system-ams-license-agreement-with-piper-jaffray-300680044.html SOURCE Clearpool |