Jefferies Mulls Expansion Of Quantex Routing System

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Following its acquisition of Integrated Analytics Corp., Jefferies & Co. is ramping up its QUANTitative EXecution (QUANTEX) order-routing system by trying to make it more accessible and efficient. The move is in response to the emergence in recent months of a number of systems that could give rival brokers similar capability to QUANTEX.

QUANTEX routes Jefferies' institutional clients' orders via Jefferies to the New York Stock Exchange's SuperDot, using Integrated Analytics' MarketMind decision

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