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Spear, Leeds' Single Front-End

Traders Magazine, March 2004

Editorial Staff

When Spear, Leeds & Kellogg recently integrated program trading with single-stock trading on one platform, the move highlighted a quandary faced by brokers supplying customers with front-ends: Do they offer one system or two? To some brokers, basket traders and single-stock traders are separate and distinct. Although it costs more, they are willing to maintain two systems. ITG, for example, offers Triton for basket trading; Radical for single-stock trading.

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