Salomon's Gateway To Nasdaq Liquidity System Automates Retail and Hunts for Liquidity
Traders Magazine, July 2001
Salomon Smith Barney wants to kill two birds - one retail and one institutional -using a stone called GATE. Last month, the big brokerage deployed a homegrown trading system dubbed Global Advanced Trading Engine, or GATE, on its Nasdaq desk to automate the handling of its retail order flow and improve the hunt for liquidity for its institutional orders.
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.