CORTEX Intelligent Execution (CORTEX™iX) has been designed to provide clients with access to bespoke multi-asset algorithmic strategies whose primary goals are to capture price improvement, minimise market impact and ultimately achieve optimal execution by reducing overall transaction costs. CORTEX iX employs next generation “adaptive” execution technology to continually monitor markets and interpret potential market signals, dynamically changing behaviour to adjust execution style.
This user-friendly experience is augmented with a range of exclusive interactive features which will allow you to interact and manage precise parameters to meet your execution objectives.
Explore the unique features of
Cortex iX
ALiX, digital trading assistant
ALiX has the full power of Cortex FX in a conveniently small window on your desktop. ALiX is indisputably pixel-for-pixel the most powerful FX platform on the market, understanding everything from a spot ticket to a complex option. ALiX is there to save you both screen space and time, and has now been extended to help manage your algorithmic execution across Cortex iX strategies and asset classes.
Interactive algos
Cortex iX delivers ve core execution algorithms: Chameleon, Iguana, Viper, Iguana, Caiman and Gecko. Cortex iX allows users to simply de ne a strategy based on their risk appetite and begin trading. These execution solutions include a range of unique interactive features through INSIGHT LIVE, the Cortex App, allowing users to engage with the algorithms and ALiX whilst monitoring markets and execution performance.
Adaptability
BNP Paribas’ 4th generation of algorithms continually monitor the markets, interpreting possible market movements by employing adaptive execution technology. This allows Cortex iX strategies to achieve optimal execution. The algorithms are designed to service different levels of risk appetite. This is guided by nding the right balance of exposure between market risk and market impact.
Flex iX
A customised service allowing you to design bespoke strategies from the core components of the algo suite. Flex iX enables you to tailor our algos, driving performance to fit your needs whilst maintaning the simplicity and familiarity of executing with BNP Paribas.
Transparency
A fully auditable, post-trade report is generated instantaneously post-execution, which provides a full breakdown of the execution and is designed to meet the needs of client’s internal execution policies.
Confidentiality
All orders submitted to Cortex iX are handled with enhanced confidentiality through dedicated coverage teams and the Automated Client Execution (ACE) desk which are segregated from BNP Paribas trading and sales desk.
Portfolio trading
BNP Paribas' most advanced 5th generation complex algos are designed to automate complex client workflows, offering greater time efficiencies and enhanced execution. Use Gamma to dynamically manage options gamma portfolios, AggreGATOR to manage multiple Futures orders and deploy REX for a portfolio/basket of orders.
Listen FX
Unlock the power of Cortex iX in listed FX. BNP Paribas' latest innovation, Exchange For Related Position (EFRP) – a hybrid algo solution – leverages the OTC spot market's deep liquidity in order to ful l FX futures orders.
Latest News on Cortex
Cortex is recognised as OTC Trading Platform of the Year, as single dealer platforms gain traction with their innovative features and functionality.
BNP Paribas recognised for its corporate FX and forwards and swaps capabilities at the FX Markets eFX Awards 2024.
BNP Paribas receives four accolades at the Euromoney FX Awards 2023 for its FX trading capabilities and market-leading technology, ALiX.
