AlgoSpan Connects to The Order Machine

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Tom has a market share of more than 25 percent in Dutch equity and index options.
    • Marina Daras
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TOM has recently moved its matching engine from Stockholm and has been operating from London since May 2013.

"Now AlgoSpan clients can trade on TOM from any one of our existing Exchange Datacentres over 'AlgoNet,'" says Dr Rami Habib, co-founder and director of AlgoSpan. "In a fragmented and competitive market, we are increasingly seeing trading firms and fund managers looking at alternative venues for liquidity and price improvement. TOM is gathering a lot of interest and we are very happy to be able to offer TOM as an alternative venue to our clients."

 

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