TradingScreen unveils its Exchange-Traded Funds trading and market-making capability.
London, 17 December 2002 TradingScreen, the institutional trading system that “simplifies global markets”SM announces the successful launch of its advanced fully automated Exchange-Traded Funds (ETF) trading system at several of its client sites . This new feature embedded in the TradingScreen product suite allows automatic market-making or arbitrage for ETF in a global multidealer, multi-exchange environment. Taking advantage of the extensive connectivity of the TradingScreen network and the superior “real real-time” trading tools of the TradingScreen platform, banks, proprietary desks, large asset managers or hedge funds can automate their activity in this new segment of the market across all exchanges. The TradingScreen proprietary rapid deployment capability over financial extranets or the Internet enables market participants to quickly establish themselves in this rapidly growing and profitable market. Front-office users can enjoy the numerous trade execution management features which have established the success of TradingScreen in the various time zones. This innovative approach is also leveraging on the Straight Through Processing toolkit offered by TradingScreen to ensure a breakfree processing. These tools allow a quick connectivity to any legacy or OMS systems available in the market. TradingScreen boasts the most extensive trading access network to global brokers as well as leading buy-sides across world markets and all asset classes. It specializes in offering to the buy-side fast connectivity and continuous trading capability on all financial execution venues through protocolbased (FIX or proprietary) screen-based or direct integration tools.
About TradingScreen – www.tradingscreen.com TradingScreen Inc. is accelerating the technical evolution of the financial electronic markets by providing a fully integrated, customer-oriented trading services platform to institutional investors. The proprietary TradingScreen platform links institutional investors and sell side firms together to facilitate order routing, execution management, clearing, and additional value added services such as real Straight Through Processing and Prime Brokerage enabling across all asset classes. TradingScreen provides global coverage from offices in New York, London, and Tokyo TradingScreen Inc. 41 Bleecker Street Suite 1A New York, NY 10012 Tel: +1 (212) 375-9013 TradingScreen (UK) Limited Lincoln House 300 High Holborn London WC1V 7JH Tel: +44 (0) 207 400-9770 TradingScreen Inc. Japan Arome Akasaka Building, 3rd Floor 2-21-12, Akasaka, Minato-Ku Tokyo, 107-0052, Japan Tel : + 81-3-3568-2022