What We Do

Pragma’s business is providing expert trading algorithms for the financial markets to help clients to trade as efficiently as possible.

With institutions trading billions of dollars on the equities and foreign exchange markets, basis points matter. Algorithmic trading can contribute to the bottom line by improving execution quality for each trade, significantly reducing trading costs.

It is no wonder, then, that institutions from smaller corporate treasuries right through to the largest hedge funds are putting an increasing emphasis on execution quality and are looking for flexible, transparent, low latency trading algorithm solutions to deliver better execution.

When working with Pragma, banks, brokers, and asset managers enjoy a level of quality, control, and transparency that otherwise requires your own in-house algorithmic quant and trading technology teams. Working with Pragma allows our clients to focus their resources on their core business.

With markets changing rapidly all the time, it is essential that our trading algorithms are underpinned by a clear understanding of the nuances of each market. That is why we have built a team with a deep understanding of equity and foreign exchange market structure to design and build trading algorithms which allow clients to improve their execution quality and provide accurate and transparent reporting on trade execution.

Your success is our success. We are not an executing broker, a proprietary trading shop, an exchange, or a dark pool. This means that our goals are completely aligned with those of our clients.

Because our business model does not conflict with our clients’, we create sustainable, value-added, long-term partnerships.

Our business is providing great algorithmic trading solutions, and your success is our success. We are not an executing broker, a proprietary trading shop, an exchange, or a dark pool.

When working with Pragma, banks, brokers, and asset managers enjoy a level of quality, control, and transparency that otherwise requires your own in-house algorithmic quant and trading technology teams. Working with Pragma allows our clients to focus their resources on their core business.

Because our business model does not conflict with our clients’, we create sustainable, value-added, long-term partnerships.

 

Our team of experienced technologists and finance professionals works every day to define a new standard in quality and service for our clients.

The Leadership

David Mechner

CHIEF EXECUTIVE OFFICER
David’s background is computer science and neurobiology. He is a go master, and founded Pragma in 2003.

Eran Fishler

CHIEF TECHNOLOGY OFFICER
Eran runs research and technology. An expert in parameter estimation and signal detection, he teaches mathematical finance at NYU.

Salvatore Giardina

CHIEF FINANCIAL OFFICER
Sal, a CPA, has previously served as CFO of ConvergEx Global Markets, Ladenburg Thalmann, and other financial services companies.

Curtis Pfeiffer

CHIEF BUSINESS OFFICER
Curtis runs sales, marketing and account management. Before Pragma, Curtis worked in sales management at Bank of America, Bear Stearns, and Instinet.