Californian brokerage MB Trading is to use Radianz's IP-based financial extranet RadianzNet to provide institutional clients in the US and Europe with secure access to its electronic order-routing and transactional services.
RadianzNet is currently connected to more than 9000 sites worldwide.
Ray Schreiner, executive vice president of MBT Institutional, says: "Using RadianzNet will enable us to build our base of customers here and abroad faster because we can immediately leverage Radianz's established infrastructure to connect to more users."
MB Trading currently uses RadianzNet to provide traders with FIX connectivity to electronic communications networks (ECNs). The brokerage also uses the network for exchanging FIX-based orders with other institutions.