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Indata connects with BlockCross

14 December 2009  |  1817 views  |  0 Source: Indata

INDATA®, a leading industry provider of SaaS (Software as a Service) for buy-side firms including trade order management (OMS), compliance, portfolio accounting and front-to-back office today announced the availability of BlockCross connectivity for INDATA Precision Trading users.

BlockCross is an independent ATS designed to find significant liquidity opportunities and maximize those opportunities via multiple crossing methods. BlockCross not only leverages buy-side OMS blotter integrations, but also integrates both sell-side and Dark Algo liquidity in order to provide the broadest spectrum of block liquidity in the industry.

"BlockCross offers another important source of liquidity for our clients and we are pleased to add BlockCross ATS to our growing list of algorithmic trading and liquidity partners," said David J. Csiki, Managing Director, INDATA.

"Adding INDATA to our list of integrated systems is a significant step in the continued strategic growth of BlockCross," said Wally Sullivan, Managing Partner, Pulse Trading. "By working together with INDATA, we are able to supply our mutual clients with the unique liquidity, functionality and control that the combination of INDATA Precision Trading and BlockCross offers to equity traders."

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