After Goldman Sachs discovered that Bloomberg journos were keeping track of their viewing habits over their Bloomberg terminals, traders have some decisions to make about the company that provides their market data, trading tools, IM and more.
Advanced Trading takes you on an exclusive tour of Abel Noser’s New York trading floor, where the agency broker known for transaction cost analysis, is customizing algorithms for the buy side, while growing its fixed income trading and transitions business.
The U.S. patent was issued to Eze Castle Software Group for proprietary technology in RealTick EMS that allows traders to stage electronic orders in a neutral account without committing to a specific broker.
The wealth management firm will manage its institutional equity and fixed income business through Linedata's consolidated platform covering portfolio management, trading, pretrade compliance and reporting.
The institutional brokerage could fetch up to $1 billion by selling both platforms, although it's unclear how much demand there will be for RealTick given the trading slowdown, according to Traders Magazine.
In a move that seems too close to the Pipeline soap opera, EMS provider Portware will integrate the predictive analytics that it acquired from the former dark pool, while offering customers a broker-neutral solution to improve trading performance.