Jefferies ITG plans to introduce the ability to route orders from its Quantex system to the trading desks of two over-the counter market-makers. The development follows reports that rival broker Lynch Jones & Ryan plans to offer its customers OTC securities order-routing to New York-based Herzog, Heine, Geduld Inc. (IMT, April 17).
Jefferies and LJR both claim to be agency brokers--firms trading purely on behalf of their clients. But Jefferies also offers customers what it calls "client faci
The SEC takes a definitive stance on the status of cryptocurrencies; the idea of privacy consistently changes with the introduction of new technologies.Subscribe to Weekly Wrap emails