Tag: Smart order routing

CA Cheuvreux North America has added BNY ConvergEx Group’s VortEx dark pool to CrossFire, its non-displayed liquidity sweep algorithm.

Neonet, a trading systems provider, is to offer its buy- and sell-side clients trading access to Turquoise, a pan-European multilateral trading facility, when it launches in September.

Fidessa, a trading systems, market data and global connectivity provider, has added Knight Link, a financial servces firm, as a new trading venue for Fidessa users seeking off-exchange liquidity.

GL TRADE, a multi-market and multi-asset solutions provider, has implemented a new connectivity hub (GL NET hub) in Tel Aviv, Israel.

FlexTrade Systems, a trading technology provider, is now providing full connectivity to Chi-X Canada through its FlexTRADER EMS smart router.

German broker Baader Wertpapierhandelsbank has started offering connectivity to all German equity exchanges through the Reuters Trading for Exchanges (RTEx) order routing system.

Accessing liquidity was a central theme of TradeTech 2008, both on the podium and in the exhibition hall. But there is a marked difference between what is said in public – in a panel discussion or presentation – and the whispered exchanges taking place among delegates and on the conference stands.

Smart Trade Technologies, a liquidity management systems (LMS) provider, has launched a new smart order router (SOR) called LiquidityOrchestrator.

Quod Financial, an execution technology provider, has launched a buy-side version of its Advanced Smart-Order Router (ASOR) technology.

Chi-X Canada, an alternative trading system (ATS), has completed its symbol migration, allowing it to trade all Toronto Stock Exchange-listed securities, and is planning to introduce smart order routing capability to the platform in early April.