REDI has added another brokerage to its multi-broker execution management system.
REDI, widely known for its REDIPlus trade management platform, has brought on Evercore ISI Institutional Equities’ electronic execution platform to the REDI multi-broker network.
The firm joins nearly 125 other broker-dealers globally whose trading suites are available electronically via REDIPlus.
“Evercore ISI has long been acclaimed for its sophisticated macro and fundamental investment research, evidenced most recently by the firm’s stellar performance in the 2014 Institutional Investor Equity Research rankings,” said Sean Sullivan, Global Head of Sales & Marketing at REDI. “More recently, however, Evercore ISI has begun receiving similar praise for its algorithmic trading platform. We’re very pleased to further expand our multi-broker network with the addition of such a well-regarded provider.”
Evercore ISI’s electronic execution platform, which complements its traditional high-touch cash and options trading offering, is available for equities trading in the U.S. and includes eight advanced liquidity seeking and benchmark strategies, smart order routing and bespoke development capabilities.
