FutureTrade, a provider of integrated electronic equity, option and algorithmic trading services, announced the release of its Version 4.0 trading platform yesterday. Version 4.0 includes direct access to international equity markets and improved integration of equity and options trading facilities.
“Our clients have asked for a single, broker neutral trading platform which provides access to all of the markets they trade. With Version 4.0 FutureTrade has responded by providing a single platform which accommodates the needs of funds with multiple prime brokers, trading a variety of global asset classes through multiple brokers,” says Jim Kwiatkowski, executive vice president, sales and marketing, FutureTrade.
“There has been unprecedented growth in buy-side electronic trading, and major brokers have responded by providing their own front-ends and algorithms to support their clients’ trading activities,” says Sang Lee, managing partner, Aite Group. “At the same time, the US buy-side is increasingly investing in non-US equities and derivatives which some of these platforms do not yet support. Many buy-side firms will see a clear value in trading multiple asset classes through a single platform,” she adds.