Surge Trading, which provides trade execution to the capital markets, will help customers of SunGardâs Brass to access liquidity and seamlessly connect to Surge Trading in a matter of days.
Joseph Marinaro, chief business development and strategy officer of Surge Trading, said, âWe are very pleased to offer Surge Trading as an execution point to SunGardâs global network. Surge Trading will help Brass customers gain access to new liquidity, reduce market impact and increase execution quality.â
Satish Mujumdar, chief operating officer of SunGardâs Brass business unit, said, âIn this expanding industry, connectivity can be the lifeblood of a trading firm. The technology burden and expense of maintaining a routing infrastructure can hamper a companyâs ability to achieve best execution. Adding destinations like Surge Trading to SunGardâs global network highlights our continued dedication to helping our customers achieve best execution by providing easy access to more liquidity.â