PART 01: Executive summary • Highlights PART 02: Scope of the report • Market overview • Top-vendor offerings PART 03: Market research methodology • Research methodology • Economic indicators PART 04: Introduction • Key market highlights • Definition of algorithmic trading • Benefits of algorithmic trading • Use of algorithmic trading PART 05: Market landscape • Market overview • Market size and forecast • Five forces analysis PART 06: Global market outlook PART 07: Geographical segmentation • Geographical segmentation 2015 • Geographical segmentation 2020 • Americas • EMEA • APAC PART 08: Market drivers • Increased integration of financial markets • Algorithmic imports in Asia • Higher demand for market surveillance PART 09: Impact of drivers PART 10: Market challenges • Insufficient risk valuation capabilities, limited legal certainty, and operational inefficiencies • Wider bid-ask spread in Asia • Lack of awareness in algorithmic trading PART 11: Impact of drivers and challenges PART 12: Market trends • Portfolio risk solutions • Early adopters in Asia • Technological advancements PART 13: Vendor landscape • Competitive landscape • Other prominent vendors PART 14: Key vendor analysis • Citadel • KCG • Optiver • Tower Research Capital • Two Sigma Investments PART 15: Appendix • List of abbreviations PART 16: Explore Technavio List of Exhibits Exhibit 01: Countries covered for market analysis Exhibit 02: Product offerings Exhibit 03: Benefits of algorithmic trading Exhibit 04: Use of algorithmic trading Exhibit 05: Algorithmic trading strategies Exhibit 06: Global algorithmic trading market 2015-2020 ($ billions) Exhibit 07: Key takeaways from HFT Exhibit 08: VIX 2015-2016 (in days) Exhibit 09: S&P 500 2015-2016 (price returns) Exhibit 10: Five forces analysis Exhibit 11: Global algorithmic trading market by geography 2015 Exhibit 12: Global algorithmic trading market by geography 2020 Exhibit 13: Algorithmic trading market in Americas 2015-2020 ($ billions) Exhibit 14: Algorithmic trading market in EMEA 2015-2020 ($ billions) Exhibit 15: Algorithmic trading market in APAC 2015-2020 ($ millions) Exhibit 16: Significant factors in algorithmic trading Exhibit 17: Impact of drivers Exhibit 18: Impact of drivers and challenges Exhibit 19: Other prominent vendors Exhibit 20: Citadel: Business portfolio Exhibit 21: KCG: Product and service portfolio Exhibit 22: Optiver: Service portfolio

Citadel, KCG, Optiver US, Tower Research Capital,Two Sigma Investments, DRW Trading, Flow Traders, Hudson River Trading, Jump Trading, RSJ Algorithmic Trading, Spot Trading, Sun Trading, Tradebot Systems, and Virtu Financial.