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Based in New York, Stephen Cooper will be responsible for ensuring Pragma’s technology stack, market infrastructure and connectivity evolves ahead of client demands and the wider marketplace.

Algorithmic trading technology provider Pragma has named Steve Cooper as its new chief technology officer.

Pragma, an independent algorithmic trading technology provider that leverages artificial intelligence for equities and foreign exchange trading, has appointed Steve Cooper as its new Chief Technology Officer.

Pragma, an independent algorithmic trading technology provider that leverages artificial intelligence for equities and foreign exchange trading, has appointed Steve Cooper as its new Chief Technology Officer.

Steve joins from Amazon Web Services (AWS), where he was Principal Solutions Architect, and will be based in New York.

Danielle Caravetta describes herself as very much an “in-person” and “face-to-face” professional…

Artificial intelligence has measurably improved the performance of execution algorithms in US equities and could do the same in other asset classes according to Pragma, the independent algorithmic trading technology provider.

Following a beta launch last year, Pragma said that the deep-learning algorithms had improved execution quality by 33%.

Following a beta launch in 2020, Pragma managed a number of controlled trials with its clients.

Pragma initiated the project in 2018 to see if deep neural networks could be applied to an execution algorithm’s micro-trading engine- governing decisions such as…