TradingScreen, a multi-asset class, multi-dealer institutional trading platform developed by former Credit Suisse First Boston executives, is set to unveil an upgraded system at the Securities Industry Association technology management conference in New York later this week.
TradingScreen was established in late-2000 with the aim of delivering a single screen-based system through which institutional investors could trade a broad portfolio of financial instruments, around the clock, on any market, with a wide range of counterparties. The system is designed to facilitate order routing, execution management, clearing, and prime brokerage services for domestic and global equities, listed derivatives, foreign exchange and bonds.
Philippe Buhannic, a former managing director of the fixed income and e-commerce department at CSFB, and now president and chief executive officer of TradingScreen, says the system has been developed in response to the growing costs and the new STP challenges resulting from the increasing fragmentation of financial markets.
“The TradingScreen solution offers to execution desks a sophisticated set of trade management and value-added tools, and the associated highly resilient hosted infrastructure,” he says.
Exhibiting from the Savvis Booth from Wednesday through Friday at the SIA show at the Hilton in New York, TradingScreen is demonstrating Version 1.1 of the platform, featuring improved trade execution management and interfacing capabilities.