PaineWebber Is Set To Upgrade Buy-Side Order-Routing System

FRONT PAGE

PaineWebber Inc. is upgrading its order-routing utility in the hopes of placing it with 50 to 100 buy-side clients. Aside from adding quantitative analytics to the system, PaineWebber may also add a crossing network facility that would execute equity orders at low cost and without market impact.

PaineWebber's effort is one of several attempts by Wall Street firms to provide buy-side clients with order-routing and analytical services in a bid to attract order flow. Firms that have developed s

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: