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Author: Victor Anderson
Source: Buy-Side Technology | 01 Apr 2010
Categories: Trading Technologies and Strategies | Best Execution
Topics: New Product
New York-based ConvergEx Group, a provider of investment technologies and execution services to the buy and sell sides, has launched a new trade messenger system to aggregate its high-touch order flow, and boost relevant and natural indications of interest (IOIs). ConvergEx says it has seen a four-fold increase in the number of natural IOIs sent since going live with this technology.
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