The New Clients in Portfolio Trading
Traders Magazine, May 2005
Vendors of portfolio trading systems are changing their business strategies in response to strong demand from the buyside. The three biggest FlexTrade Systems, Portware and InfoReach have all introduced either new products or distribution schemes. The vendors are waging a war for market share as the buyside increasingly looks to manage its basket trades in-house. "We are in an age now where the buyside trader is becoming more valuable," says Eric Goldberg, Portware's chief executive. "He needs the tools to control his own orders."
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