22 August 2017
Find out more

PHLX signs Torc Financial to support equity trading system

23 June 2006  |  1913 views  |  0 Source: Philadelphia Stock Exchange

The Philadelphia Stock Exchange announced today that the PHLX and TORC Financial, LLC (TORC) have entered in to an agreement for a joint development project to provide ancillary services to the PHLX-XLE Equity Trading System.

Expected services to be developed by TORC and licensed to the PHLX include VWEB, a system that allows for the entering of cross orders by PHLX floor brokers, as well as Help-Desk and operational support tools. In addition, TORC will also provide consulting and advisory services as necessary to ensure the successful implementation and expected growth of the PHLX-XLE System, as well as the continued success of PHLX as the nation's oldest and most innovative securities exchange.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.worldpaymentsreport.comvisit www.vasco.com

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...
11904 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
10319 views comments | 22 tweets | 31 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9916 views 0 | 5 tweets | 1 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
9635 views comments | 10 tweets | 8 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9608 views comments | 19 tweets | 23 linkedin

Featured job

London, UK (or flexible)

Find your next job