Brief: Brut completes link to Bridge IOE network

Brief: Brut completes link to Bridge IOE network

Alternative trading system, The Brut ECN, has implemented a FIX-enabled link to Bridge's IOE Institutional Order Entry (IOE) network.

Bridge IOE pairs buy-side institutions with the company's Transaction Services' broker network. More than 400 institutions and broker/dealers use the network to execute their trades.

As a result of the Brut link, institutional users of IOE can now gain access to Brut's system and the liquidity it offers in Nasdaq and listed stocks.

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