PaineWebber Uses Traderoute To Link To Buy-side Customers

ORDER ROUTING

PaineWebber is using Thomson Financial Service's Traderoute network to make it easier for its investment-management clients to electronically submit orders directly to exchanges, PaineWebber traders and its over-the-counter desk.

Traderoute is an order-entry application that resides on Thomson's private, dedicated network Autex, which is comprised of 56 kilobit/second leased lines linking 450 investment management and 250 broker dealers across the US. Traderoute is compliant with a number of