The equity markets division of banking group ING has extended its electronic desk access (EDA) and direct market access (DMA) services to its clients via the Marco Polo network, an independent platform for electronic trading of global emerging markets.
ING already has a strong presence in the Benelux region, central and eastern Europe (CEE) and the CIS. According to ING, the connection to Marco Polo will offer additional flexibility and competitive advantages to the firm’s broker and buy-side clients, and the new services will be complemented by ING’s research and sales products in these areas. ING recently expanded its DMA access to western Europe, Poland, Hungary and the Czech Republic (KOBOS & SPAD) with Russia MICEX.
ING will also open up its proprietary algorithms covering the corresponding markets for either single stock or pair-trading, further enhancing clients’ competitive advantage in these areas.