The National Stock Exchange will this week launch a trade reporting facility (TRF) for use by internalizers and ECNs, using messaging software from low-latency technology provider 29West, officials say.
The platform is the second phase of a new systems rollout that began with the Chicago Exchange's launch of a new trading system, dubbed Blade, at the end of October. The TRF uses the same technology as Blade, which also utilizes 29West's Latency Busters Messaging (LBM) software.
Paul Arber, chi
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