Treasury Dealer Carroll Mac Builds Touch & Trade System For Odd-Lot Governments
AUTOMATED TRADING
Carroll McEntee & McGinley Inc. (CM&M) is rolling out a PC-based touch-screen order-entry system to more than 100 institutional customer sites. The system--dubbed Touch & Trade--will allow institutions to route orders for odd-lot Treasury securities to the firm's Treasury trading desk in New York, as well gain access to its odd-lot prices.
Touch & Trade will go head-to-head with First Boston Corp.'s GovTrade Treasury price advertising and order-routing service, which uses Bloomberg's base of
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