RBC Gains Direct Market Access with Carlin Purchase
Traders Magazine, December 2006
RBC Capital Markets' recent acquisition of Carlin Financial Group gives the mid-tier institutional brokerage direct market access technology, putting it on a par with its larger rivals. The system known as CarlinAccel is used by Carlin's predominantly hedge fund clients to trade about 35 million shares per day, Carlin execs say. CarlinAccel is mostly used to trade equities and has modules for pairs, dollar-neutral and basket trading.
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