21 August 2017
visit www.avoka.com

SunGard to link Jefferies' NY and London trading desks

10 December 2001  |  3392 views  |  0 SunGard to link Jefferies' NY and London trading desks

Jefferies International has implemented SunGard Trading Systems's Smart Brass trade order management system to enable the company to route and execute deals between its UK operations and its US affiliate.

The new system will interface with Jefferies' back office and settlement systems and provide complete STP for its London and New York trading operations. Smart Brass will also enable Jefferies to manage and maintain a common book structure between its London and New York operations with the ability for either office to view positions as well as access risk management services.

Jefferies & Company, the US subsidiary of Jefferies Group, is already a large user of the Smart Brass trade order management system in the US for Nasdaq and Listed trading. Jefferies' London trading desk will be using Smart Brass to route trades directly to the London Stock Exchange.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

SunGard Trading and Risk wins Ceca and Komercni Bank

SunGard Trading and Risk wins Ceca and Komercni Bank

06 December 2001  |  3556 views  |  0 comments
Brief: Credit Suisse chooses SunGard exception processing software

Brief: Credit Suisse chooses SunGard exception processing software

04 December 2001  |  4033 views  |  0 comments
BankWest selects SunGard for treasury and risk management

BankWest selects SunGard for treasury and risk management

30 November 2001  |  3851 views  |  0 comments
LWCO chooses SunGard for e-statements

LWCO chooses SunGard for e-statements

30 November 2001  |  3544 views  |  0 comments
Old Mutual chooses SunGard for pension administration

Old Mutual chooses SunGard for pension administration

28 November 2001  |  4800 views  |  0 comments
CFF selects SunGard for risk management

CFF selects SunGard for risk management

20 November 2001  |  3103 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.worldpaymentsreport.comdownload the paper now

Who is commenting?

A Finextra member Finextra Member Commented on: Real-time payments in...
A Finextra member Finextra Member Commented on: Barclays uses sensors...

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11526 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
9781 views comments | 22 tweets | 31 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9598 views 0 | 5 tweets | 1 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9344 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
9264 views comments | 10 tweets | 8 linkedin

Featured job

Find your next job