Instinet algorithmic trading services available via Linedata's LongView

Source: Linedata Services

Linedata Services, a leading global technology solutions company announced today that Instinet's Algorithmic Trading Strategies are now available through LongView Trading, its global, multi-asset class order management system.

Linedata Services' Liquidity Alliance Program brings top execution venues and trading algorithms to the LongView Trading desktop, helping to further streamline the trading process for buy-side clients.

Available through LongView Trading, Instinet's global offering is leveraged by clients around the world. Instinet Algorithms enable clients to select and use those rules which meet their specific requirements and benchmarks, such as VWAP, Block Peg and Volume Participation. Moreover, LongView Trading clients can seamlessly employ these rules, directly from the LongView desktop, without having to worry about information leakage.

"We are delighted to offer Instinet as yet another top execution destination to our LongView Trading clients, thus further automating the trade process for the asset management community," said Annie Morris, senior vice president, Linedata Services, Inc. "By providing seamless and dependable access through LongView Trading to multiple trading destinations, algorithmic trading tools and more, our clients realize more efficient trading across all asset types and trading vehicles."

"Our relationship with Linedata extends our reach and makes it easier for the institutional investment community to access our global algorithmic trading services," said Steve Brain, Global Head of Systematic Trading, Instinet, LLC. "As an agency broker, free from the conflicts of interest that are inherent to traditional brokers, we are able to offer algorithmic strategies that seek to minimize market impact and help our clients meet their trading benchmarks."

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