Buyside firms need to leverage technology to stop writing checks to HFT firms with clients's money.
In an exclusive to Traders, SunGard's Beau Alexander examines the sellside's cost-cutting and subsequent neglect of its order management system technologies. The end result of having outdated technology, he argues, could be a loss of market share amid an already shrinking commission pie.
REDI Global Technologies, developer of the REDIPlus execution management system (EMS), today announced that Michael Sirchia has joined as its new head of infrastructure.
REDI Global Technologies announced that the firm today has completed the acquisition of Bank of America Merrill Lynch's InstaQuote business, which includes the technology, clients, and employees.
REDI Global Technologies LLC, provider of the REDIPlus execution management system, announced today that Credit Suisse's Advanced Execution Services (AES), has joined REDI's broker-neutral platform.
Order management system vendor Liquid Holdings is getting ready to offer clients prime brokerage services.
As FX trading takes off inside buyside firms, OMS vendors are addressing the specialized needs of trading foreign exchange.
Liquid Holdings is now offering its hedge fund clients a broker-neutral single order and execution management system to help them streamline their work flow.
Execution management system vendor Redi Holdings and order management system vendor Citadel Technology are working together to build a combined order-execution management system.
Order and execution management systems vendor Eze Software Group will incorporate Markit's transaction-cost analysis product into its OMS.