TSE To Pull Torex, Offering Vendors New Opportunity

VENDOR STRATEGIES

TORONTO--The Toronto Stock Exchange (TSE) has effectively exited the workstation business by halting the offering of its Torex Tradestation. The move presents an opportunity to vendors to offer their own workstation solutions directly to member firms..

The TSE has opted out of the market in order to focus on its core strengths of providing equities trading transaction services.

TSE officials say that the exchange will serve its members better by seeing to their needs, such as maintaining liquidity

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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