BOSTON â November 22, 2004 â Linedata Services, a leading global technology solutions company and provider of LongView Trading announces the interface that provides LongView Trading customers direct access to Credit Suisse First Bostonâs Advanced Execution ServicesÂ® is now in production. This interface to CSFB is a part of the LongView Liquidity Alliance Program, designed to provide seamless access to liquidity pools across all assets types. The program allows Linedata to bring multiple trading and liquidity destinations to the LongView Trading desktop, by partnering with the top execution venues around the globe.
Advanced Execution Services (AESÂ®) is a suite of automated, algorithmic trading strategies based on thorough execution research and continuous live experimentation, performed by a team of CSFB quantitative analysts and traders. Over 300 CSFB customers leverage these strategies to reduce market impact and improve trading performance vs. benchmarks in North American, European, and Asian markets, allowing traders to focus on the big picture.
"In collaboration with Linedata, we are empowering the buy side community with leading edge algorithmic trading capabilities," explained Manny Santayana, director, AES Sales for the Americas. "LongView Trading is deployed at several of our most important investment management clients globally and we are pleased to be working with Linedata to extend AES to these customers."
LongView Trading clients are now able to take advantage of the power and convenience of the algorithmic trading strategies offered by CSFB. "We are at the forefront of partnership developments and offerings to deliver best of breed services to our clients," said Annie Morris, senior vice president, Linedata Services, Inc. "We continue to forge relationships with the top liquidity providers to streamline our clientsâ workflow, while providing superior technology."