Alpha capture system
Computer system
From Wikipedia, the free encyclopedia
An alpha capture system is a computer system that enables investment banks and other organizations to submit "trading ideas" or "trade ideas"[1] to clients in a written electronic format, for example TIM Group's TIM Ideas product or Bloomberg LP's Trade Ideas product.[2]
Introduction
Financial Services Authority Markets Division: Newsletter on Market Conduct and Transaction Reporting Issues, Issue No. 17, September 2006,[3]
First used in 2001 by Marshall Wace[4] they are an alternative to the traditional stockbrokering approach of communicating ideas and strategies to clients face-to-face or over the telephone.[3]
