Sutton Trading Solutions, a provider of direct access online trading solutions, has entered a partnership with Omiris Networks to provide its clients with access to over 22 European stock exchanges, via its GlobalDat retail platform.
Under the agreement, the company will be able to offer broker dealers and banks trade routing to the European marketplace via a central platform, as a result of the hook up to the Omiris network. In return, the company will provide execution capabilities to the Omiris Network members for the US markets such as Island, Archipelago and Nasdaq.
Gregory Frank, president of Sutton Trading Solutions, says: "It has been our mission to provide the client a software application that will route transactions to the major US and European markets without the interference of multiple middlemen, display real-time market quotations, and give the user a robust portfolio management tool. Our agreement with Omiris Networks allows us to do just that."