Fox River Execution
In 2001, Ritchie started Fox River Execution (FREX), an agency broker and dealer that provides algorithmic trading technology and execution solutions. FREX’s algorithms were set apart from other trading technologies by computerizing human intuition. Institutional Investor reported in 2007 that Fox River is “ a relative unknown that turns in a stunning performance, placing first among NYSE brokerages,” and said of the systems that Fox River builds, “they are programmed to recognize multiple patterns that become part of the human trader’s intuition, along with how they work with or against one another in a multitude of situations.” In July 2010, Fox River Execution was acquired by Sungard and now operates as one of its subsidiaries.
Read more about this topic: Joe Ritchie
Famous quotes containing the words fox, river and/or execution:
“His berd as any sowe or fox was reed,
And therto brood, as though it were a spade.
Upon the cop right of his nose he hade
A werte, and theron stood a toft of herys
Reed as the brustles of a sowes erys.
His nosethirles blake were and wyde.”
—Geoffrey Chaucer (1340?–1400)
“My favorite figure of the American author is that of a man who breeds a favorite dog, which he throws into the Mississippi River for the pleasure of making a splash. The river does not splash, but it drowns the dog.”
—Henry Brooks Adams (1838–1918)
“I am gradually drifting to the opinion that this Rebellion can only be crushed finally by either the execution of all the traitors or the abolition of slavery. Crushed, I mean, so as to remove all danger of its breaking out again in the future.”
—Rutherford Birchard Hayes (1822–1893)