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Pipeline unveils PowerPlus client commission arrangement

17 August 2009  |  851 views  |  0 Source: Pipeline Trading Systems

Pipeline Trading Systems, a global leader in Block Execution Systems for institutions, today announced the introduction of the PowerPlus Client Commission Arrangement (CCA).

PowerPlus is a comprehensive web-based CCA management system that will allow Pipeline clients in the U.S. to easily access their CCA credits and direct payments for research and other safe harbor eligible services.

The PowerPlus CCA manager provides Pipeline clients with a one stop website which allows them to easily view balances, direct their payments, view their trading history and view allocation details.

"Our mission is to help buy-side trading desks get all the liquidity they need while minimizing losses to high-frequency trading operations," said Fred Federspiel, Pipeline's President. "The PowerPlus CCA provides an unsurpassed level of flexibility, control and convenience in commission management, significantly reducing administrative overhead."

The PowerPlus CCA Manager was developed with Firm 58, the leader in on-demand post-trade information systems, and is now available to all Pipeline clients.

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