TradingScreen
connects to BGC Partners’ eSpeed
to provide access to US Treasuries
LONDON, NEW YORK, HONG KONG
and TOKYO (October 21, 2009): TradingScreen Inc,
the premier execution management system (EMS) provider
of multi-broker and multi-asset class trading systems
to the Buy Side, announced today the addition of BGC
Partners, Inc. (BGC) to TradeNet, TradingScreen’s
global multi-broker network.
TradingScreen will offer an ASP connection to BGC’s
eSpeed platform to provide low latency access to liquid
US Government securities to the Sell Side or the Buy
Side trader. With its connection to BGC’s platform,
TradingScreen’s easy-to-implement ASP infrastructure
and powerful range of execution management interfaces
will offer traders a fully integrated trading solution
from market data to order routing to complex multi-asset
class, execution strategies.
This innovative integration will enhance the range
of services offered to fixed income traders and pave
the way for the deployment of algorithms in the trading
of fixed income, an asset class which is now beginning
to gain important traction in the Algo revolution.
TradingScreen strives to bring new tools to sophisticated
traders to help them operate more efficiently in ever
complex and challenging markets. In the Fixed Income
market, Algos and streaming prices can revolutionize
the existing trading model with great benefits for the
Buy Side and Sell Side alike. TradingScreen continues
to listen to market participants and in response, assembled
a string of functionalities constituting a major breakthrough
in the access to Fixed Income markets. The connection
with BGC is a very important step on the way to realize
this new vision” says Philippe Buhannic CEO of
TradingScreen.
Robert Brown, Global Head of eBusiness Integration
at BGC, added: “The fixed income landscape is
changing significantly, not least following the recent
successful launch of ELX Futures, L.P., a new fully
regulated electronic futures exchange. In addition,
we have seen the profile of market participants shift
as traders at large and small firms move increasingly
towards trading multiple asset classes. At BGC we aim
to offer our customers the most flexible and efficient
way to trade the range of electronic products on our
platform, which includes US Treasuries. Therefore Trading
Screen’s cross asset capability makes it a good
fit for our preferred vendor program.”
Interested press and analysts may
contact:
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