Pipeline offers commission management tool to US clients

Pipeline Trading Systems, a US-based block trading venue, has launched a new tool, PowerPlus, to help buy-side institutions manage their broker commissions.
By None

Pipeline Trading Systems, a US-based block trading venue, has launched a new tool, PowerPlus, to help buy-side institutions manage their broker commissions.

The web-based client commission arrangement (CCA) management system will allow Pipeline’s US clients to access CCA credits, direct payments for research and other eligible services, and view balances, trading history and allocation details.

The product, developed with Firm 58, a specialist in on-demand post-trade information systems, is now available to all Pipeline clients.

“The PowerPlus CCA provides an unsurpassed level of flexibility, control and convenience in commission management, significantly reducing administrative overhead,” said Fred Federspiel, president of Pipeline.

«