20 October 2017
Find out more

Linedata teams with Wave for FIX connectivity to ArcaEx

26 January 2004  |  627 views  |  0

Linedata Services, a leading technology solutions provider serving global asset managers, announced today its partnership with Wave Securities, an introducing broker owned by Archipelago Holdings, to offer a FIX interface between Linedata Services' LongView Trading System and RealTick®.

An electronic interface provides LongView Trading customers with real-time FIX connectivity to the Archipelago Exchange (ArcaEx) by staging orders for delivery to ArcaEx on RealTick.

The seamless interface provides LongView Trading users with direct access to ArcaEx's traditional and sophisticated order types. Through the use of the simple 'drag and drop' feature within LongView Trading, joint customers can easily route orders and executions between the systems, without the need for re-keying.

"By offering access to liquidity sources such as the Archipelago Exchange, we are making 'best execution' a reality for our customers" said Annie Morris, senior vice president, Linedata Services. "This strategic partnership with Wave Securities is evidence of our commitment to offer unparalleled access to liquidity. We continue to expand our list of partners and strategic relationships to ensure best execution across all asset-classes."

"We are delighted to partner with LongView Trading to offer our mutual clients a solution that helps save time, reduce errors, and provides a gateway to the liquidity available on ArcaEx. The efficiencies and power of Linedata Services' order management system coupled with the ability to easily route both simple and sophisticated orders to ArcaEx will provide a valuable service to buy-side traders," said Joseph Lombard, president of Wave Securities.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Linedata

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.innotribe.comvisit www.niceactimize.com

Who is commenting?

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15971 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
9066 views comments | 16 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8209 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7218 views comments | 9 tweets | 17 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
6613 views comments | 18 tweets | 25 linkedin

Featured job

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

Find your next job