Navigation

Navigation

Retail Execution Services

RES: The Standard in Retail Trading

Retail Execution Services (“RES”) is Credit Suisse’s suite of products and services tailored to the unique needs of US equity retail orders. 

Retail brokers face a battery of challenges when executing orders in today’s markets: flickering quotes, small displayed size on the quote, a rapidly changing market structure, and an ever-expanding list of venues. RES addresses these challenges by providing a simple one-stop solution that delivers immediate liquidity combined with an efficient price discovery process.  Our sophisticated algorithms and connectivity tools evaluate the market in real-time, aggregating both displayed and non-displayed liquidity to allow us to provide our clients with enhanced pricing.

Our approach comprises four core elements:

  • “Auto-ex” methodology: RES algorithms incorporate automated minimum liquidity levels and price improvement opportunities, ensuring the vast majority of retail orders receive auto-ex.
  • Robust Price Improvement:RES offers compelling price improvement opportunities, made possible by access to both internal and external pools of liquidity.
  • Enhanced Liquidity: Enhancement opportunities from Credit Suisse’s vast liquidity, including access to Crossfinder®1, the largest ATS in the U.S.2
  • Superior Client Service:RES builds on a 155 year history of top-notch service for Credit Suisse clients, and a long tradition of being a reliable partner. 
1)
Crossfinder is an anonymous matching engine that is solely owned by Credit Suisse Securities (USA) LLC and is integrated into its order management and market access systems. The Crossfinder order book is “dark”, meaning that orders entered as “Crossfinder Only” cannot be viewed by any Crossfinder participants.
2)
Crossfinder has been the largest ATS every month from May 2009 through this printing (June 2011) based on Rosenblatt Securities ATS data.

Secondary Content

Contact Retail Execution Services

Tel: +1 212 325 6400