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.
August 27, 2012
New York Trading Floor
Based in lower Manhattan, the firm's trading floor (right) seats seven equity traders -- including one global equities trader -- two program/algorithmic traders and two bond traders who execute fixed income trades and are part of the firm's transition business. The firm has eight on its sales team and seven in sales support who help get all the reports ready. Back-office and trading support staff sit on the desk, along with the firm's technologists who build its algorithms. The trade measurement business (left side of trading floor) is operated separately under the name Abel Noser Solutions, formerly known as Ancerno.
