LocateStock is pleased to announce that its real-time stock locate platform, Matador, is now available through ConvergEx Group's award-winning order management system, the Eze OMS.
Building upon Eze's recently redesigned and enhanced short locate product, Eze Locate, this integration will give Eze users additional means for short selling by offering instant point-and-click access to LocateStock's $50 billion pool of available securities.
"In a time of increased fragmentation, institutional traders need every tool available to access hard-to-borrow stocks," said John Dolan, director in Advanced Program Management at ConvergEx's Eze Castle Software. "By adding the power of Matador to Eze Locate, clients have additional ways to source hard-to-borrow liquidity, while saving valuable time that might be lost from a lengthy call to a trade desk."
"We are proud to introduce our market-leading trading solution that gives Eze users added ways to trade immediately on news and market movements," said John Tabacco, founder of LocateStock. "This integration is a natural complement to the new streamlined functionalities of Eze Locate and further eliminates manual operational demands that traditionally have added friction and slowed the short selling order flow process."