RiverCross ATS selects SunGard's Brass to power dark pool
SunGard's Brass is an integrated trade order, execution, and compliance management platform supporting Nasdaq, listed, listed market-making and sales trading for sell-side institutions. RiverCross ATS, launched in May of 2008, is a matching platform offering continuous crossing services for both block and non-block orders.
According to RiverCross, integration with Brass will help drive orders from Brass's 130 sell-side customers to RiverCross's liquidity and low-impact execution venue.
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