Citi has launched a new suite of intelligent execution algorithms for global listed derivatives. These algorithms have been specifically engineered for the futures markets and are available across all major exchanges in the North America, Europe and Asia Pacific regions. The algorithm, Arrival, is an implementation shortfall strategy that has been engineered from scratch on the new platform. Named after its price benchmark, Arrival works to minimize slippage (deviation of the actual price from the benchmark) by balancing the cost trade-off between market impact and price volatility, across a variety of market conditions in real time. Arrival combines into one simple access point a collection of strategies, each tuned to specific market microstructure situations. Citi’s advances in algorithm development include the capture of more detailed instrument and contract specific information to enable dynamic modeling of the order book and adaptive behavior to optimize execution performance. The platform is designed to accommodate different investment objectives and risk tolerances, providing solutions for clients’ diverse requirements. Citi’s suite of futures execution algorithms include other intelligent benchmark algorithms such as TWAP, VWAP and Close; as well as a broad range of tactical strategies and smart order types.