TradingScreen connects to eSpeed

Source: TradingScreen

TradingScreen, the premier execution management system (EMS) provider of multi-broker and multi-asset class trading systems to the Buy Side, announced today the addition of BGC Partners, Inc. (BGC) to TradeNet, TradingScreen's global multi-broker network.

TradingScreen will offer an ASP connection to BGC's eSpeed platform to provide low latency access to liquid US Government securities to the Sell Side or the Buy Side trader. With its connection to BGC's platform, TradingScreen's easy-to-implement ASP infrastructure and powerful range of execution management interfaces will offer traders a fully integrated trading solution from market data to order routing to complex multi-asset class, execution strategies.

This innovative integration will enhance the range of services offered to fixed income traders and pave the way for the deployment of algorithms in the trading of fixed income, an asset class which is now beginning to gain important traction in the Algo revolution.

"TradingScreen strives to bring new tools to sophisticated traders to help them operate more efficiently in ever complex and challenging markets. In the Fixed Income market, Algos and streaming prices can revolutionize the existing trading model with great benefits for the Buy Side and Sell Side alike. TradingScreen continues to listen to market participants and in response, assembled a string of functionalities constituting a major breakthrough in the access to Fixed Income markets. The connection with BGC is a very important step on the way to realize this new vision," says Philippe Buhannic CEO of TradingScreen.

Robert Brown, Global Head of eBusiness Integration at BGC, added, "The fixed income landscape is changing significantly, not least following the recent successful launch of ELX Futures, L.P., a new fully regulated electronic futures exchange. In addition, we have seen the profile of market participants shift as traders at large and small firms move increasingly towards trading multiple asset classes. At BGC we aim to offer our customers the most flexible and efficient way to trade the range of electronic products on our platform, which includes US Treasuries. Therefore Trading Screen's cross asset capability makes it a good fit for our preferred vendor program."

Comments: (0)