Don Ross Takes Charge at PDQ Enterprises
PDQ ATS renamed Coda Markets as firm shifts to developing buy-side focused solutions.
Don Ross was previously chief strategy officer at PDQ, responsible for the development of an advanced liquidity analytics and execution platform for institutional clients.
PDQ has rebranded PDQ ATS, its wholly owned broker-dealer entity, Centralized On-Demand Auctions (Coda) Markets. The firm is also set to expand its offering on the buy side with the launch of a new block trading auction service under the Coda name.
"We are on a mission to re-centralize liquidity through on-demand auctions, and in the process push the market to a new frontier of efficiency that prioritizes liquidity over speed," said Don Ross, in a statement "In the next few months, Coda Markets will launch a new on-demand auction focused on block trading, called Coda Block, along with a number of other analytical and trade protection tools for institutional traders developed and supported by PDQ Enterprises technology."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
The next phase of AI in capital markets: from generative to agentic
A look at some of the more interesting projects involving advanced forms of AI from the past year.
Market data costs defy cyclicality
Trading firms continue to grapple with escalating market data costs. Can innovative solutions and strategic approaches bring relief?
As trading firms embrace AI, so do hackers
According to a Google cybersecurity report, cybercriminals are turning to AI to sharpen their attacks.
AI & data enablement: A looming reality or pipe dream?
Waters Wrap: The promise of AI and agents is massive, and real-world success stories are trickling out. But Anthony notes that firms still need to be hyper-focused on getting the data foundation correct before adding layers.
Waters Wavelength Ep. 343: Broadridge’s Jason Birmingham
This week, Jason Birmingham of Broadridge talks with Tony about the importance of fundamentals as technology rapidly evolves.
Data standardization is the ‘trust accelerator’ for broader AI adoption
In this guest column, data product managers at Fitch Solutions explain AI’s impact on credit and investment risk management.
BNY inks AI deal with Google, Broadridge moves proxy voting to AWS, Expero delivers ICE market data, and more
The Waters Cooler: TSX Venture Exchange data hits the blockchain, SmartTrade acquires Kace, and garage doors link to cloud costs in this week’s news roundup.
Everyone wants to tokenize the assets. What about the data?
The IMD Wrap: With exchanges moving market data on-chain, Wei-Shen believes there’s a need to standardize licensing agreements.
