BNY's DEx Flows to Pipeline ATS


NEW YORK—In an effort to create an "all-encompassing one-stop shopping application," BNY Brokerage, a subsidiary of the Bank of New York, is integrating its electronic platform DEx (Direct Execution Services)into Pipeline's Alternative Trading System (ATS), says an official at BNY.

"Pipeline has been picking up a lot of steam lately and we have used them for our desk," says Joe Cammerata, managing director of product strategy and development for DEx at BNY Brokerage. "They are growing quickly

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