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
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails