Crédit Agricole Cheuvreux enhances its portfolio of algorithmic trading tools

Crédit Agricole Cheuvreux enhances its portfolio of algorithmic trading tools

London, May 13, 2008 — CA Cheuvreux has enhanced its algorithmic suite of strategies offering through InfoReach trading solutions for the sell-side and buy-side. InfoReach users can now access CA Cheuvreux’s 13 strategies and execute on 20 markets across Europe. These markets include Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, the UK, Virt-X, and Chi-X.

Jerry Lees, Head of Alternative Execution Services at CA Cheuvreux, comments: “The further enhancement of our algorithmic trading offering underlines our commitment to continue to invest in and deliver the best suite of algorithmic strategies to our customers. We are very pleased to partner with InfoReach, whose diversified customer base supports our objective of reaching the largest community of buy-side and sell-side clients.”

Allen Zaydlin, CEO at InfoReach adds: “CA Cheuvreux’s addition to our sell-side network delivers traders with superior execution quality in volatile markets, complementing an already diverse set of strategies available through our platform. As markets continue to evolve, we are pleased to be able to offer new and enhanced services to our growing number of clients.”

About Crédit Agricole Cheuvreux

Cheuvreux is Crédit Agricole Group’s European equity broker, and is wholly-owned by CALYON, the Group’s Corporate and Investment Bank. A full-service broker, CA Cheuvreux serves 1,200 of the world’s leading institutional investors, with local offices in ten European countries, as well as in the US, Japan and the Middle East. As a pure agency broker, CA Cheuvreux is consistently ranked by international institutional investors as a leading European equity broker for the quality and independence of its research covering 760 European stocks (No.1 in Western Europe Country Research by Institutional Investor) and is recognised for the performance of its execution services. CA Cheuvreux provides made-to-measure sales-trading and execution solutions in 25 European markets, all North American venues and the Middle East markets. Its robust suite of global electronic execution offerings includes DMA, program trading, algorithmic trading and CFDs, and is complemented by a global staff of experienced sales traders and alternative execution specialists.

About InfoReach

Established in 1995, InfoReach promptly recognised industry technology trends and created its product line of InfoReach FIX Engine (FIX protocol engine) and InfoReach TMS (trade management system). Our products are open, scalable and flexible solutions for firm-wide order execution and management.

An abundant array of features combined with committed support has made InfoReach the technology of choice for many major buy and sell side financial institutions. InfoReach employs a staff of over thirty industry professionals in offices throughout the U.S. and Europe.