Anglo-South African banking group Investec has rolled out a new electronic trading platform.

The platform, called ZebrA-X, is designed to provide its customers with access to a comprehensive suite of benchmark, liquidity-seeking algorithms, with the tool underpinned by the bank's consultative execution team, connecting with a range of liquidity providers and venues.

Investec said the tool would facilitate the efficient execution of block trades, adding that it offers the ability to internalise institutional and retail order flow, helping to "reduce pre and post-trade signalling".

The move follows Investec's recent expansion into electronic trading.

In August 2024, the bank announced two new senior hires as part of the launch of its new electronic equity trading desk.

The desk is part of a growing team offering global equity market coverage through core operations across Europe, India and South Africa.

The new trading desk is led by Dominic Lowres, who is head of electronic trading and execution strategy.

Matthew West also joined the team from Panmure Liberum. He previously held the role of electronic sales trader at Deutsche Numis.

Speaking about the new electronic trading platform, Lowres said: “We are delighted to provide our clients with a state-of-the-art platform that enhances their trading experience. The ZebrA-X dark algorithm, along with Zebra dark lit strategies, Zebra Block & the wheel solution, as well as benchmark strategies, allow them to execute trades efficiently, with a large amount of configuration choices.

Investec says that it already captures over 5.6 per cent of flows in the FTSE 250, showcasing its "strong position in the UK market."

The company can trade across 64 markets from the UK and South Africa.

“Bespoke execution consultancy is at the heart of our model, and ZebrA-X not only complements our existing high-touch trading solutions but also provides in-depth execution analysis that enhances our relationships with clients, helping to deliver an out of the ordinary level of service to them," said Clive Murray, head of equities at Investec Bank.

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