The new functionality within AutEx Order Routing supports the FIX custom tags LongView Trading clients need to enable and control trading with quantitative execution algorithms for a number of brokers, including; JPMorgan, Lehman Brothers, Banc of America Securities, UBS Investment Bank, Deutsche Bank, Credit Suisse First Boston, Goldman Sachs and Morgan Stanley. LongView Trading users can now take full control of orders from their blotters by entering essential trading parameters prior to sending the order over the AutEx Network to the sell-side. Automatically generated execution reports allow joint clients to easily monitor and manage trading initiated by the algorithms.
"We are pleased to work with Thomson Financial to deliver this unique functionality to LongView Trading customers," said Annie Morris, senior vice president at Linedata Services, Inc. "Many of our customers use AutEx regularly and will benefit from the new algorithmic trading support. We are committed to providing our customers with efficient solutions and seamless access to liquidity. Together with Thomson Financial, we have made yet another step toward the most efficient workflow for our customers."
"Thomson AutEx provides connectivity and liquidity across the global trading community, giving brokers and institutions access to a breadth of execution venues and advanced execution algorithms over an existing connection," said Robert Moitoso, senior vice president and head of AutEx, Thomson Financial. "The new functionality within AutEx Order Routing maximizes the clientâs control over the order, enabling them to send orders matching their own trading strategies," said Moitoso.