Charles River Development, a financial software and services provider, has added 13 specialised Australian brokers to its global real-time electronic trading network.
The Charles River Network now has 30 Australian brokers connected to it, following the addition of ABN AMRO Morgans, Austock Securities, BBY, Bell Potter, Commonwealth Securities, Euroz Securities, Foresight Securities, GSJBWere, Linwar Securities, Patersons Securities, Shaw Stockbroking, Southern Cross Equities, and Taylor Collison.
According to Charles River, its point-to-point connectivity between the buy- and sell-side firms on its network ensures seamless operation, reduces latency and delivers faster, scalable FIX performance.
“Our Australian clients demand increased control over their trading strategies,” said Cameron Field, managing director, Asia-Pacific. “The Charles River Network gives them even greater choice and access to the region’s growing variety of advanced execution methods and venues via these specialised local brokers – as well as hundreds of broker-dealers, algorithms, crossing platforms, light and dark pools and other liquidity sources worldwide.”
The Charles River Network was launched in 2005 and has over 320 tested and certified brokers and 3,200 broker-client connections.