Execution, a London-based agency brokerage, has connected its Alternative Execution electronic trading platform to trading solutions provider TradingScreen.
The deal will give clients of TradingScreen’s execution management system, TradeSmart, access to the suite of execution algorithms and direct market access products available on Alternative Execution.
Launched in March, Alternative Execution allows the brokerage’s buy-side clients to anonymously access the algorithm suites and electronic trading tools of four global brokers.
TradingScreen provides an integrated trading service platform to institutional investors, providing them with sell-side links, order routing, execution management and clearing.
“Our clients can now access some of the most sophisticated algorithms available in the market, in complete anonymity, through a single counterparty,” said Tony Nash, head of execution services at Execution, in a statement. “In a move which will complement our existing derivatives business, we will also shortly be offering futures and options trading capabilities to TradingScreen users.”