Weeden, Pragma Upgrade Liquidity Aggregation Tool

Institutional broker Weeden & Co. and its partner, trading-solutions vendor Pragma, have enhanced their liquidity aggregation tool. The new algorithm, called OnePipe 3.0, can generate up to a 20 percent higher fill rate than its previous incarnation, according to Pragma.

The upgrade also offers enhanced anti-gaming and information leakage protection logic. OnePipe can tap into more than 40 dark pools, crossing networks, streaming liquidity venues and open-market destinations.

"OnePipe's new allo

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