BIDS Hits New Highs

Traders Magazine, September 2011

James Armstrong

"That's something that's relatively unique, in that you can have your interest in BIDS and then also have that same interest represented in other venues," Schack said.

Conditional orders are particularly attractive to institutional investors, but Schack said some of BIDS's growth is probably attributable just to the fact that it is now able to offer more liquidity, which in turn attracts more trades.

"They've gotten more people to connect, and that tends to have a compounding effect," Schack said.

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