BestEx Research Group LLC, an independent provider of algorithmic execution and trading analytics, has announced the launch of AMS One, a full-stack algorithmic trading platform designed to help banks and brokers build and operate their own execution businesses across global equities and futures markets.
The platform aims to reduce the complexity and cost traditionally associated with building institutional-grade trading infrastructure by delivering a unified, end-to-end execution environment.
AMS One is designed as a plug-and-play infrastructure that allows financial institutions to compete with tier-one trading firms. Instead of relying on fragmented systems or multiple vendors, banks and brokers can now access a unified platform that integrates execution algorithms, strategy customization tools, and analytics within a single environment.
The platform spans global equities markets, including the United States, Canada, 15 European markets, and four APAC regions, along with futures trading across 21 international exchanges. This broad coverage allows institutions to operate and scale execution strategies across multiple asset classes from day one.
A core component of AMS One is its Strategy Studio, a no-code configuration tool that enables users to customize execution algorithms using more than 150 parameters. These parameters control how orders are scheduled, executed, and adjusted based on market conditions, liquidity, urgency, and volume constraints.
The system also introduces a flexible smart order routing engine, allowing firms to define venue selection, order types, pegging logic, and execution behavior across passive, hidden, dark, or conditional order flows.
This level of configurability is designed to allow institutions to develop proprietary trading strategies while maintaining institutional-grade execution performance.
AMS One includes a fully integrated Transaction Cost Analysis (TCA) module, enabling firms to evaluate execution quality at both parent-order and fill levels. This data is then used to refine trading strategies and improve performance over time.
The platform also supports real-time monitoring of thousands of concurrent orders, with configurable alerts and dashboards that allow traders to interact directly with algorithmic workflows when needed.
Additional features such as A/B testing and Meta Strategies enable institutions to compare execution performance across different strategies and automatically assign algorithms based on incoming order characteristics.
According to BestEx Research, AMS One is built to support large-scale buy-side and sell-side operations, providing banks and brokers with the ability to deliver execution services comparable to top-tier institutions.
The platform is engineered in C++ and deployed through co-located infrastructure across global markets to ensure low-latency execution and high-performance reliability.
It builds on the company’s earlier AMS platform, which has been live since 2019 and has executed trillions in notional value for institutional investors.
"Our clients aren't looking to buy software. They're trying to build a business that wins and attracts more order flow," said Hitesh Mittal, Founder and CEO of BestEx Research. "We built AMS One so banks and brokers get everything they need in one fully managed platform, without the eight-figure build."
AMS One emphasizes market structure-aware execution, allowing firms to tailor algorithms based on client-specific objectives and trading conditions. The platform enables desks to create branded algorithms or deploy pre-built strategies that can be customized for different client requirements.
This flexibility is intended to help financial institutions improve execution quality while maintaining scalability across global trading environments.
"Our clients will be judged by the fills they provide, not the platform behind them," said Nigam Saraiya, Chief Product Officer at BestEx Research. "It is grounded in algorithmic trading expertise, with market structure at its core."
BestEx Research Group LLC provides independent, research-driven execution algorithms, trading technology, and trade analytics for equities and futures markets. The company focuses on reducing trading costs for institutional investors through advanced execution technology and market structure expertise.