22 February 2018
Visit www.avoka.com

Court rules in favour of TOM Smart Execution

21 February 2011  |  2973 views  |  0 Source: The Order Machine

Today, 21 February 2011, the court in Amsterdam ruled that TOM Smart Execution (TOM Broker B.V.) is to become a member of NYSE Liffe immediately. TOM Smart Execution summoned NYSE Liffe in January this year and met 7 February 2011 in summary proceedings before the Amsterdam District Court.

Willem Meijer, CEO of TOM: "We welcome today's ruling by the court which enables us to obtain membership on NYSE Liffe. Retail inverstors will soon have the opportunity to compare prices on various exchanges for derivatives orders as well".

TOM Smart Execution already compares execution prices for equity orders for some time now. The launch of derivatives Smart Order Routing by TOM promotes competition between exchanges and fulfills the retail best execution obligation of banks and brokers as set out by MiFID."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.swift.com/your-needs/instant-paymentsvisit www.capgemini.com/worldreportsRegister for the webinar

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
9694 views comments | 14 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
9308 views 3 | 8 tweets | 1 linkedin
Coinbase and Visa at loggerheads over erroneous charges on customer crypto accountsCoinbase and Visa at loggerheads over erro...
8725 views comments | 13 tweets | 13 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
7227 views comments | 15 tweets | 26 linkedin

Featured job

Competitive base + commission + benefits
UK or Germany

Find your next job