Trading & Execution Strategy
Improve implementation decisions, trading workflows, and execution policies with advice tailored to your investment process.
Independent perspective. Institutional experience.
Sharper decisions at the point where strategy meets the market.
The Bacidore Group provides independent quantitative and strategic advice to institutional investors, trading desks, brokers, and financial technology firms.
Perspective shaped by experience atGoldman SachsCitadelCredit SuisseAcademia
Services
Specialized advice for complex trading problems.
We combine market experience, quantitative analysis, and implementation detail to improve how trading decisions are designed, executed, and evaluated.
Trading Analytics & Performance Measurement
Design bespoke analytics to evaluate implementation costs, broker and algorithm performance, venue behavior, and net alpha capture.
Algorithm Design & Customization
Design proprietary algorithms or diagnose and customize broker algorithms through rigorous, data-driven analysis.
Strategic Advisory
Independent guidance on electronic trading, automation, broker selection, market structure, product design, and desk capabilities.
Why Bacidore
Rigor that holds up in the real world.
Advice grounded in how markets actually work—not generic frameworks or off-the-shelf answers.
Practitioner experience
Senior experience across leading investment and trading organizations, with firsthand understanding of institutional constraints.
Quantitative discipline
Recommendations supported by empirical analysis, transparent methodology, and attention to implementation.
Academic foundation
Published research, university teaching, and a Ph.D. in Finance bring rigor to practical market problems.
Independent judgment
Advice driven solely by the client’s objectives—not commissions, products, or broker relationships.
Selected engagements
Distinct mandates. Tailored solutions.
Representative, anonymized examples of how we translate difficult trading questions into practical recommendations.
Systematic investment firm
Bespoke Trading Strategy Assessment
Evaluated an existing execution strategy to identify opportunities to reduce trading costs, improve alpha capture, and scale the strategy more effectively.
Financial technology firm
Electronic Trading Platform & Algorithm Design
Advised a fintech firm building an electronic crypto brokerage on the design of its algorithmic trading offering, including the proposed algorithm suite, high-level specifications, and the rationale for key execution components.
Global investment firm
Electronic Trading Gap Analysis
Benchmarked an agency electronic offering against competitors and developed a prioritized roadmap for improving product capabilities.
About Jeff
Deep market expertise, from research through execution.
Jeff Bacidore has spent more than 25 years at the intersection of quantitative investing, institutional trading, execution, and market structure.
Before founding The Bacidore Group, he held senior positions at Goldman Sachs, Citadel, and Credit Suisse. He has taught at Indiana University, the University of Michigan, and the University of Notre Dame.
His research has been presented at the NYSE, Nasdaq, and SEC, and featured in The Wall Street Journal, Bloomberg, and The New York Times. He has also testified before the U.S. House of Representatives on market-structure issues.
The book
Algorithmic Trading:
A Practitioner’s Guide
A practical guide to how institutional trading algorithms work—and how their performance should be evaluated.
View on Amazon ↗“Jeff brings a unique combination of theoretical knowledge and years of practical experience building and using algos…”
“The exposition deftly combines the institutional realities of markets, the economic intuitions behind the strategies, and numerical examples that illustrate their use.”
Start a conversation
Bring us the problem that doesn’t fit a standard solution.
The Bacidore Group works with institutional investors, brokers, and fintech firms on discrete projects and ongoing advisory engagements.
info@bacidore.com ↗