{{Short description|Computer system}}
An '''alpha capture system''' is a computer system that enables investment banks and other organizations to submit "trading ideas" or "trade ideas"<ref name="TIM Ideas">[http://www.timgroup.com/tim-ideas] {{Webarchive |url=https://web.archive.org/web/20130929233308/http://www.timgroup.com/tim-ideas |date=2013-09-29 }} TIM Ideas</ref> to clients in a written electronic format, for example TIM Group's TIM Ideas product or Bloomberg LP's Trade Ideas product.<ref>{{cite web |title=What is Options Trading? |url=https://www.closeoption.com/blog/are-options-trading-and-gambling-the-same/ |access-date=2023-08-02 |language=en-GB}}</ref>
==Introduction== Financial Services Authority Markets Division: Newsletter on Market Conduct and Transaction Reporting Issues, Issue No. 17, September 2006,<ref name="fsa">[http://www.fsa.gov.uk/pubs/newsletters/mw_newsletter17.pdf Market Watch], retrieved 8 January 2009</ref>
First used in 2001 by Marshall Wace<ref name="FirstCoverage">[http://www.firstcoverage.com/documents/Wall%20Street%20Redefined.pdf Wall Street Redefined] by Bill Alpert, First Coverage, retrieved 8 January 2009</ref> they are an alternative to the traditional stockbrokering approach of communicating ideas and strategies to clients face-to-face or over the telephone.<ref name="fsa"/>
==Terminology== The term ''alpha capture'' refers to the aim of such systems to help investors find alpha or market-beating returns on investments.<ref>{{Cite web |date=2023-12-11 |title=Precision Trading & Dynamic Risk Management |url=https://fexobot.com/ |access-date=2024-05-23 |language=en}}</ref>
Submitted trade ideas are accompanied by a rationale, timeframe and conviction level and enable investors to quantify and monitor the performance of different ideas.<ref name="FirstCoverage"/>
==See also== * Open Financial Exchange * Foreign exchange aggregator * Protocol on Trade Negotiations
==References== {{reflist}}
==External links== *[https://ondemandtrading.com/concierge-service?el=wikics Private Crypto Trade Desk]
Category:Financial software
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