20 August 2017
visit www.avoka.com

FutureTrade reports Q2 results

14 July 2006  |  1715 views  |  0 Source: FutureTrade

FutureTrade, a leading independent provider of electronic equity and option execution services, today reported record quarterly revenue with 28% growth in quarterly revenues for the first quarter as compared to the same period in 2005.

Revenues were up 8% as compared to the prior quarter.

"Our business continues to grow rapidly. The addition of new buy-side clients, new broker-dealer partners and the enhancement of the menu of services we offer to both, has sustained our position as a market leader", stated Murray Finebaum, President and CEO. "As one of the few remaining independent providers of a multi-broker order management and execution platform, we are uniquely positioned to support buy-side clients with a customizable range of electronic trading services which assist them in fulfilling their best execution requirements with the brokers of their choice. At the same time, we are working with major broker-dealers; enabling them to effectively compete for their clients’ electronic trading business."

Major company highlights for Q2 include:

  • Announcement of plans to integrate the FutureTrade Order Management System with Liquidnet
  • Record volume in equities and options trading
  • Record partner volume through LiquidityPATH program
  • Several additional broker destinations for its multi-broker functionality
  • Addition of several white-label partners including Williams Capital to its LiquidityPATH program
  • Addition of numerous highly demanded algorithms and trading destinations as requested by its buy-side clients
  • Comments: (0)

    Comment on this story (membership required)

    Related company news


    Related blogs

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

    Top topics

    Most viewed Most shared
    Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
    9138 views comments | 23 tweets | 23 linkedin
    Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
    7896 views comments | 19 tweets | 23 linkedin
    RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
    7345 views comments | 10 tweets | 7 linkedin
    hands typing furiouslyWhy Is Risk Analytics Important?
    6573 views 0 | 1 tweets | 1 linkedin
    hands typing furiouslyWhy Blockchain Might Not Be The Future For...
    6512 views 1 | 5 tweets | 3 linkedin

    Featured job

    Competitive base and bonus, plus benefits
    London, UK

    Find your next job