Introducing Brokers Ramp Up Application Spending

"The dynamic is definitely changing," says Adam Honoré, research director at Aite Group and author of the report Introducing Broker Technology Focus

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The report's findings are based on interviews of 15 senior introducing broker executives and surveys of 160 advisors affiliated with introducing brokers.

Broadridge, for one, is marketing self-clearing options to small introducing brokers, notes Honoré, and the Pershing unit of BNY Mellon launched iNautix in October 2006. Brokerage technology

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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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