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
Conflict-Free
While known for its TCA, Abel Noser is competing with its execution results, asserts Conlin. As an agency broker, "We're not committing capital, we're not shooting against their orders,” says Corwin. “There's no conflict of interest with all the client orders here. We trade them like they're our own orders, our own money," says Corwin. "I watch the trading here. Stan Abel and Gene Noser are monitoring all the trading as well. There's lots of eyes looking at this," adds Corwin.
