Source: TD Securities
TD Securities, the largest liquidity provider in the Canadian market place, announced today a new integration to Goldman Sachs' premier electronic trading platform, REDIPlus.
This connection allows Goldman Sachs' clients to access the TD Newcrest suite of equity algorithms and enables direct market access (DMA) through REDIPlus or through a FIX connection. TD Newcrest currently has seven algorithmic strategies available that are specific to the Canadian market.
"As Canada's largest broker, we are very excited to be a part of this global network," said Ray Tucker, Managing Director. TD Newcrest Alternative Execution Group. "REDIPlus offers clients a premier trading product, and being able to access TD Newcrest algorithms and DMA through this platform provides a one-stop solution for all their trading needs." He added, "As we continue to connect to the most popular client order management and execution management systems, we are demonstrating our commitment to achieving best execution for our clients."