17 January 2018
visit http://response.ncr.com

Brut establishes SunGard Decalog FIX link

23 July 2002  |  4003 views  |  0 Brut establishes SunGard Decalog FIX link

Alternative trading system Brut has implemented a FIX link to SunGard's Decalog trade order management system.

Through the SunGard Transaction Network (STN), Decalog users can now trade Nasdaq and US exchange-listed equities via Brut, and participate in the company's sponsorship programme. The programme allows buy-side clients to trade electronically via Brut, repatriate a portion of the commission dollars to a sponsoring broker of their choice, and retain value-added brokerage services.

SunGard recently announced its agreement to acquire the Brut ECN, buying out its banking partners in the venture.

Richard Schenkman, chief executive officer of Brut, say: "This partnership provides for the further integration of our sponsorship programme, which strengthens the relationship between institutional investors and broker-dealers."

Brut has also signed partnership agreements with Eze Castle, Moxy, Macgregor, Bridge Trading and FlexTrade.

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 revenues flat as banks defer spending

SunGard revenues flat as banks defer spending

23 July 2002  |  4412 views  |  0 comments
SunGard to buy Brut ECN - WSJ

SunGard to buy Brut ECN - WSJ

09 July 2002  |  6580 views  |  0 comments
Settlement hub added to SunGard Transaction Network

Settlement hub added to SunGard Transaction Network

20 June 2002  |  4097 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.ebaday.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11548 views comments | 15 tweets | 17 linkedin
BNP Paribas Asset Management completes fund transaction blockchain testBNP Paribas Asset Management completes fun...
10160 views comments | 14 tweets | 33 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
9593 views comments | 32 tweets | 34 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
9461 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9189 views comments | 17 tweets | 13 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job