In addition to connecting to any FIX enabled provider, Linedata has established premier relationships with information and execution destinations through the Liquidity Alliance Program. The program has been in place for over 18 months and currently has more than nine partners covering all asset types. Existing alliances include destinations such as TradeWeb, Liquidnet, FXall, FX ConnectÂ®, Instinet, Harborside +, Thomson Autex, Banc of America Securities and Sonic Financial Technologies (BNY Brokerage). These partnerships provide LongView Trading customers with more efficient trading mechanisms, superior access to liquidity and reduced errors.
"We have always provided automated trading tools to our customers. Now we are partnering with premier trading organizations to provide direct access to markets, trading portals, ECNs, algorithmic trading tools and ATSs," commented Annie Morris, senior vice president at Linedata Services. "We are actively pursuing other alliances that will enhance the trading experience for our buy-side customers. We are currently in negotiations with several large providers and look forward to expanding the reach and increasing the value of the program to our customers."