Jefferies To Offer First Call Via Quantex Routing System
AUTOMATED TRADING
Jefferies & Co.'s Investment Technology Group aims to increase buy-side penetration of its QUANTEX order-routing and decision-support system by adding Thomson Financial Networks Inc.'s First Call research service. Jefferies is also in discussions with several network vendors--including TFN's AutEx Systems Inc.--about providing access both to QUANTEX and to Jefferies' POSIT crossing network, sources say.
The flurry of activity at Jefferies comes as other sell-side automated trading initiatives
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