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Author: Steve Dew-Jones
Source: Sell-Side Technology | 12 Nov 2012
Categories: Infrastructure Technologies
Topics: TechBT RadianzSquawker
Squawker, an electronic trading venue due to go live in the first quarter of next year, has entered into a strategic partnership with BT Radianz.
Through the partnership, BT Radianz will host and manage Squawker's technology infrastructure and provide brokers with access to the venue.
Squawker will be a ‘toxic-free' venue, with all trades enacted by humans, as opposed to computer-generated algorithms. The venue incorporates elements of social media into its apparatus, as covered by Sell-Side Technology earlier this year.
"Squawker will provide a new solution to the block trading challenge that the industry has been grappling with for a while," says Christopher Gregory, co-founder and CEO, Squawker. "By collaborating with BT, we are able to ensure the highest-quality trading venue for our global clients, with easy access to our services via a proven, trusted and established provider."
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